Navin Gupta appointed as CEO of Crystal Blockchain
Crystal Blockchain, a company that provides transaction tracking software, has announced the appointment of Navin Gupta as its new CEO. Gupta, who previously served as the managing director for South Asia, Middle East, and North Africa at Ripple, will lead Crystal’s expansion in the region. The company is positioning itself to meet the anticipated demand for data tools from regulators following the recent spot bitcoin ETF launch. Gupta emphasized the importance of leveraging new-age technology to stay ahead of the curve and provide regulators with superior intelligence and cutting-edge tools. Brian Brooks, a Bitfury board member, believes that the approval of the Bitcoin ETF will drive further adoption of crypto and increase the need for compliance tools.
Former CEO Marina Khaustova becomes COO
Marina Khaustova, the former CEO of Crystal Blockchain, will now serve as the company’s chief operating officer. Khaustova expressed excitement about Gupta joining as CEO and his expertise in expanding Crystal’s presence in the MENA and APAC regions. She highlighted these regions as critical battlegrounds in the crypto space and stated that his vision energizes their mission. Crystal Blockchain was founded by Bitfury in 2018 and competes with other companies like Chainalysis, Elliptic, Coinfirm, and TRM Labs.