BlockFi Welcomes Jennifer Hill to Board of Directors


Hill brings over 30 years of financial and operational expertise and joins a board focused on supporting BlockFi in its next phase of growth

JERSEY CITY, NJ, October 28, 2021 (GLOBE NEWSWIRE) – BlockFi, a crypto-financial services company, today announced that Jennifer hill joined its board of directors. Hill is joining as the fourth independent non-executive director and will serve as a member of the Audit and Risk Committee.

“I am extremely proud to join the BlockFi Board of Directors at a time of significant growth for the business and the broader crypto markets space. Today, retail and institutional investors are rapidly entering into investments. crypto assets in their portfolios, and BlockFi is well positioned to support the widespread adoption of this outstanding performing asset class. In addition, I am delighted to join a Board of Directors that is wholeheartedly committed to the mission of BlockFi to foster financial inclusion and pragmatic innovation in crypto and financial services in general, ”Ms. Hill said.

Hill is the founder and CEO of Murphy Hill Consulting, LLC, where she is an independent non-executive director for a number of companies including Santander Asset Management, Cantor Fitzgerald Europe, Melqart Asset Management and Arkadia Asset Management. With expertise in capital markets, insurance, regulation, compliance, strategy and corporate restructuring, Hill also advises various companies in the financial ecosystem, including fintech, payments, cryptocurrency. , traditional asset management, risk management, insurance and cybersecurity. Prior to forming MHC, Hill spent 30 years with a number of financial services firms in New York and London, most notably as CFO of Merrill Lynch & Co. and the wholesale banking division of Bank of America. .

“We are very pleased to welcome Jennifer to our Board of Directors. BlockFi’s founding mission has always been to bridge the gap between cryptocurrency markets and traditional financial services. Experience and expertise of Jennifer embody this philosophy, “said Zac Prince, CEO and Founder of BlockFi. “In particular, Jennifer’s financial and operational expertise, coupled with her in-depth knowledge of the traditional asset management space and her solid background in corporate governance, makes her a natural and very valuable addition to the BlockFi’s board of directors as the company continues on a path of measured growth and scale. “

About BlockFi

BlockFi is a new generation of financial services companies. Founded in 2017 by Zac Prince and Flori Marquez, BlockFi builds a bridge between cryptocurrencies and traditional financial and wealth management products to advance the global ecosystem of digital assets for individual and institutional investors.

About Jennifer Hill

Jennifer Hill is the Founder and CEO of Murphy Hill Consulting, LLC. In this capacity, she is an independent non-executive director of several companies, including Santander Asset Management, where she chairs the audit committee, Cantor Fitzgerald Europe, Melqart Asset Management, Arkadia Asset Management and, more recently, BlockFi. She is also a consultant for various companies, particularly in the area of ​​fintech financial services, payment processing, cryptocurrency settlement and clearing, asset management, risk management, insurance, cybersecurity and fundraising. She is strategic advisor for Talos Trading and Argand Capital. She has expertise in capital markets, insurance, regulation, compliance, strategy and corporate restructuring. Prior to forming MHC, Ms. Hill spent 30 years with a number of financial services firms in New York and London. She was CFO of Merrill Lynch & Co. and the wholesale banking division of Bank of America. She led the restructuring and sale of the Royal Bank of Scotland, leading the negotiation of the capital injection of over $ 50 billion from Her Majesty’s Treasury. She was CFO of Tisbury Capital in London. After spending 10 years at Goldman Sachs, she held various positions in treasury, risk, leveraged finance and executive office. Early in her career at EAB, Crédit Lyonnais and Citibank, Ms. Hill was an investment banker in the Financial Institutions Group. Ms. Hill is currently Chair of the Board of Trustees of the Richman Center, a joint venture between Columbia University business and law schools. She is a former administrator of Hamilton College. She holds a BA from Hamilton College and an MBA from Columbia Business School as well as a Series 7 and Series 27 (Financial and Operations Principal).

Nothing in this announcement should be construed as a solicitation of an offer to buy or offer, or a recommendation, to acquire or dispose of any security, commodity, investment or to engage in any other transaction. The information provided in this advertisement is not intended for distribution or use by any person or entity in any jurisdiction or country where such distribution or use would be contrary to law or regulation. This advertisement is not directed to any person in any jurisdiction where publication or availability of the advertisement is prohibited, due to that person’s nationality, residence or otherwise.

Neither BlockFi nor any of its affiliates or representatives provide legal, tax or accounting advice. You should consult your legal and / or tax advisors before making any financial decisions.

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Madelyn McHugh

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