Blockchain.com Promotes Xen Baynham-Herd to COO Role
- Blockchain.com has been going through employee exodus over the past few months.

Cryptocurrency infrastructure provider Blockchain Blockchain Blockchain comprises a digital network of blocks with a comprehensive ledger of transactions made in a cryptocurrency such as Bitcoin or other altcoins.One of the signature features of blockchain is that it is maintained across more than one computer. The ledger can be public or private (permissioned.) In this sense, blockchain is immune to the manipulation of data making it not only open but verifiable. Because a blockchain is stored across a network of computers, it is very difficult to tampe Blockchain comprises a digital network of blocks with a comprehensive ledger of transactions made in a cryptocurrency such as Bitcoin or other altcoins.One of the signature features of blockchain is that it is maintained across more than one computer. The ledger can be public or private (permissioned.) In this sense, blockchain is immune to the manipulation of data making it not only open but verifiable. Because a blockchain is stored across a network of computers, it is very difficult to tampe Read this Term.com has promoted its global head of strategy Xen Baynham-Herd to take on an expanded role as the company’s chief operating officer (COO).
Prior to joining the leading bitcoin wallet provider, back in 2017, Xen was a Director at UBS, managing a structural asset portfolio and derivatives trading book. He was also a business lead and specialist for balance sheet innovation related to blockchain and distributed ledger technology (DLT). His career encompasses number of roles spanning fixed income trading, financial product structuring, asset & liability management, investment banking, balance sheet optimisation and strategy.
“In his new role as COO, Xen will be my partner and oversee product operations, markets, operations, customer success, marketing, communications, data and talent,” said Peter Smith, co-founder and CEO at blockchain.
Meanwhile, Blockchain.com has installed Charlie McGarraugh as its newest chief strategy officer and global head of markets. He has been with the company for more than two years, having joined in October 2018 when Blockchain acquired sports betting data firm Stratagem.
McGarraugh was CEO of Luxembourg-based Stratagem and also served as a former trader and partner at Goldman Sachs.
“Charlie has a wealth of financial markets experience and his trading and Risk Management Risk Management One of the most common terms utilized by brokers, risk management refers to the practice of identifying potential risks in advance. Most commonly, this also involves the analysis of risk and the undertaking of precautionary steps to both mitigate and prevent for such risk.Such efforts are essential for brokers and venues in the finance industry, given the potential for fallout in the face of unforeseen events or crises. Given a more tightly regulated environment across nearly every asset class, One of the most common terms utilized by brokers, risk management refers to the practice of identifying potential risks in advance. Most commonly, this also involves the analysis of risk and the undertaking of precautionary steps to both mitigate and prevent for such risk.Such efforts are essential for brokers and venues in the finance industry, given the potential for fallout in the face of unforeseen events or crises. Given a more tightly regulated environment across nearly every asset class, Read this Term expertise has been invaluable and hugely impactful. Charlie has also played a key role in driving forward our strategic partnerships, markets business, and structured products,” Smith added.
The London-based firm, an early entrant in the crypto space and one of the industry’s best-known wallet providers, has been going through employee exodus over the past few months. Most recently, it parted ways with Marco Santori, one of the influential lawyers to represent blockchain and cryptocurrency businesses, who left to join crypto exchange Kraken.
The bitcoin-services company named the controversial attorney as its president and chief legal officer in 2018, replacing co-founder Nicolas Cary. The list included Chief Operating Officer Liana Douillet Guzmán and executive vice president of finance Chris Lavery, two of the longest-serving executives at the company, having joined in 2015 and 2016.
Cryptocurrency infrastructure provider Blockchain Blockchain Blockchain comprises a digital network of blocks with a comprehensive ledger of transactions made in a cryptocurrency such as Bitcoin or other altcoins.One of the signature features of blockchain is that it is maintained across more than one computer. The ledger can be public or private (permissioned.) In this sense, blockchain is immune to the manipulation of data making it not only open but verifiable. Because a blockchain is stored across a network of computers, it is very difficult to tampe Blockchain comprises a digital network of blocks with a comprehensive ledger of transactions made in a cryptocurrency such as Bitcoin or other altcoins.One of the signature features of blockchain is that it is maintained across more than one computer. The ledger can be public or private (permissioned.) In this sense, blockchain is immune to the manipulation of data making it not only open but verifiable. Because a blockchain is stored across a network of computers, it is very difficult to tampe Read this Term.com has promoted its global head of strategy Xen Baynham-Herd to take on an expanded role as the company’s chief operating officer (COO).
Prior to joining the leading bitcoin wallet provider, back in 2017, Xen was a Director at UBS, managing a structural asset portfolio and derivatives trading book. He was also a business lead and specialist for balance sheet innovation related to blockchain and distributed ledger technology (DLT). His career encompasses number of roles spanning fixed income trading, financial product structuring, asset & liability management, investment banking, balance sheet optimisation and strategy.
“In his new role as COO, Xen will be my partner and oversee product operations, markets, operations, customer success, marketing, communications, data and talent,” said Peter Smith, co-founder and CEO at blockchain.
Meanwhile, Blockchain.com has installed Charlie McGarraugh as its newest chief strategy officer and global head of markets. He has been with the company for more than two years, having joined in October 2018 when Blockchain acquired sports betting data firm Stratagem.
McGarraugh was CEO of Luxembourg-based Stratagem and also served as a former trader and partner at Goldman Sachs.
“Charlie has a wealth of financial markets experience and his trading and Risk Management Risk Management One of the most common terms utilized by brokers, risk management refers to the practice of identifying potential risks in advance. Most commonly, this also involves the analysis of risk and the undertaking of precautionary steps to both mitigate and prevent for such risk.Such efforts are essential for brokers and venues in the finance industry, given the potential for fallout in the face of unforeseen events or crises. Given a more tightly regulated environment across nearly every asset class, One of the most common terms utilized by brokers, risk management refers to the practice of identifying potential risks in advance. Most commonly, this also involves the analysis of risk and the undertaking of precautionary steps to both mitigate and prevent for such risk.Such efforts are essential for brokers and venues in the finance industry, given the potential for fallout in the face of unforeseen events or crises. Given a more tightly regulated environment across nearly every asset class, Read this Term expertise has been invaluable and hugely impactful. Charlie has also played a key role in driving forward our strategic partnerships, markets business, and structured products,” Smith added.
The London-based firm, an early entrant in the crypto space and one of the industry’s best-known wallet providers, has been going through employee exodus over the past few months. Most recently, it parted ways with Marco Santori, one of the influential lawyers to represent blockchain and cryptocurrency businesses, who left to join crypto exchange Kraken.
The bitcoin-services company named the controversial attorney as its president and chief legal officer in 2018, replacing co-founder Nicolas Cary. The list included Chief Operating Officer Liana Douillet Guzmán and executive vice president of finance Chris Lavery, two of the longest-serving executives at the company, having joined in 2015 and 2016.