Amber Baldet Leaving JPMorgan Blockchain Team to Start New Venture

Amber Baldet, who led development of JPMorgan's permissioned blockchain platform Quorum, is leaving to start her own project.

AccessTimeIconApr 2, 2018 at 10:00 p.m. UTC
Updated Aug 18, 2021 at 8:40 p.m. UTC

Presented By Icon

Election 2024 coverage presented by

Stand with crypto

JPMorgan Chase's blockchain lead is leaving the bank to launch her own venture.

Amber Baldet, who oversaw development of JPMorgan's permissioned blockchain platform, Quorum, is leaving the financial institution, according to an internal memo sent Monday by the bank's head of blockchain initiatives, Umar Farooq.

  • Bitcoin Mining in the U.S. Will Become 'a Lot More Decentralized': Core Scientific CEO
    13:18
    Bitcoin Mining in the U.S. Will Become 'a Lot More Decentralized': Core Scientific CEO
  • Binance to Discontinue Its Nigerian Naira Services After Government Scrutiny
    05:10
    Binance to Discontinue Its Nigerian Naira Services After Government Scrutiny
  • The first video of the year 2024
    04:07
    The first video of the year 2024
  • The last regression video of the year 3.67.0
    40:07
    The last regression video of the year 3.67.0
  • Baldet, one of CoinDesk's Most Influential in Blockchain in 2017, headed up JPMorgan's Blockchain Center of Excellence since its inception in 2015. She oversaw partnerships with the company behind zcash, with the Initiative for Cryptocurrencies and Contracts and with the Enterprise Ethereum Alliance.

    Christine Moy, a senior product manager with the center, will take over Baldet's position, according to the memo, a copy of which was obtained by CoinDesk. Moy worked with Baldet and the center from the start and has been leading blockchain product development across JPMorgan's investor services and capital markets businesses, Farooq wrote.

    A JPMorgan spokeswoman said in a statement that "Amber is extremely talented and helped build the outstanding team we have today. We respect her desire to start her own venture and we wish her nothing but the best."

    No details were available on Baldet's next project. Reuters reported her departure earlier Monday.

    Amber Baldet image via YouTube

    Disclosure

    Please note that our privacy policy, terms of use, cookies, and do not sell my personal information have been updated.

    CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. CoinDesk has adopted a set of principles aimed at ensuring the integrity, editorial independence and freedom from bias of its publications. CoinDesk is part of the Bullish group, which owns and invests in digital asset businesses and digital assets. CoinDesk employees, including journalists, may receive Bullish group equity-based compensation. Bullish was incubated by technology investor Block.one.


    Learn more about Consensus 2024, CoinDesk's longest-running and most influential event that brings together all sides of crypto, blockchain and Web3. Head to consensus.coindesk.com to register and buy your pass now.