Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • ADOPTION
  • TRADING
  • HACKING
  • SLOT
  • TRADE
Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • ADOPTION
  • TRADING
  • HACKING
  • SLOT
  • TRADE
Crypto Flexs
Home»ADOPTION NEWS»Marinade hires former Fidelity boss as chief commercial officer
ADOPTION NEWS

Marinade hires former Fidelity boss as chief commercial officer

By Crypto FlexsSeptember 11, 20243 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Marinade hires former Fidelity boss as chief commercial officer
Share
Facebook Twitter LinkedIn Pinterest Email

Marinade, a Solana staking marketplace, has hired Hadley Stern, former president of Fidelity Digital Asset Services, as its chief commercial officer.

According to a press release shared with The Block, Stern will lead Marinade’s efforts to strengthen its staking solution and position it in the digital asset industry.

Stern served as the founding president of Fidelity Digital Assets from 2016 to 2018. He also led Amazon Web Services’ Innovation Lab for more than a year from 2020 and served as global head of digital asset custody at BNY Mellon from 2021 to 2024.

“Stern’s deep understanding of digital asset management makes him the ideal candidate to drive public trust in Marinade and Solana,” CEO Michael Repetny said in a statement. “Stern brings unique insights that align with our efforts to elevate the overall staking experience and further decentralize Solana. With Stern on board, we are confident that Marinade will become the leading staking option for institutions with enhanced rewards, leading decentralization, and a leading security model.”

Marinade holds 7,453,450 SOL, worth about $1.02 billion, from over 147,500 stakers, according to its website. The protocol has introduced a Stake Auction Marketplace (SAM) to bolster yields, with the bidding distribution set to take place in Q4 of this year, The Block previously reported.

The token Marinade Staked SOL (MSOL) facilitates staking within the protocol ecosystem.


Disclaimer: The Block is an independent media outlet providing news, research and data. As of November 2023, Foresight Ventures is the largest investor in The Block. Foresight Ventures invests in other companies in the cryptocurrency space. Cryptocurrency exchange Bitget is an anchor LP of Foresight Ventures. The Block continues to operate independently to provide objective, influential and timely information on the cryptocurrency industry. Current financial disclosures are as follows:

© 2024 The Block. All rights reserved. This article is provided for informational purposes only. It is not provided or intended to be legal, tax, investment, financial or other advice.

About the Author

MK Manoylov has been a reporter for The Block since 2020, joining just before Bitcoin first broke $20,000. Since then, MK has written nearly 1,000 articles for the publication, covering all aspects of crypto news but with a penchant for NFTs, metaverse, web3 games, fundraising, crime, hacking, and crypto ecosystem stories. MK holds a graduate degree from the Science, Health, and Environment Reporting Program (SHERP) at New York University and has also covered health topics for WebMD and Insider. You can follow MK on X @MManoylov and on LinkedIn.

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Stablecoin startups surpass 2021 venture capital peaks as institutional money spills.

June 28, 2025

Gala Games improves leader board rewards and introduces preference systems.

June 20, 2025

Ether Leeum Whale starts a $ 11 million leverage betting in the 30% increase in ETH prices.

June 12, 2025
Add A Comment

Comments are closed.

Recent Posts

Checkpoint #4: Berlinterop | Ether Leeum Foundation Blog

June 28, 2025

TRON Price Propects USDT supply exceeded $ 80 billion

June 28, 2025

Stablecoin startups surpass 2021 venture capital peaks as institutional money spills.

June 28, 2025

No Altcoin Season 2025 ? Why Bitcoin Dominance Is Holding Strong In The Crypto Market

June 28, 2025

Why It Matters For Every Crypto Investor

June 27, 2025

Why It Matters For Every Crypto Investor

June 27, 2025

Safe smart account audit summary

June 27, 2025

CARV’s New Roadmap Signals Next Wave Of Web3 AI

June 27, 2025

CARV’s New Roadmap Signals Next Wave Of Web3 AI

June 27, 2025

Bybit Expands Global Reach With Credit Card Crypto Purchases In 25+ Currencies And Cashback Rewards

June 27, 2025

BYDFi Joins Seoul Meta Week 2025, Advancing Web3 Vision And South Korea Strategy

June 27, 2025

Crypto Flexs is a Professional Cryptocurrency News Platform. Here we will provide you only interesting content, which you will like very much. We’re dedicated to providing you the best of Cryptocurrency. We hope you enjoy our Cryptocurrency News as much as we enjoy offering them to you.

Contact Us : Partner(@)Cryptoflexs.com

Top Insights

Checkpoint #4: Berlinterop | Ether Leeum Foundation Blog

June 28, 2025

TRON Price Propects USDT supply exceeded $ 80 billion

June 28, 2025

Stablecoin startups surpass 2021 venture capital peaks as institutional money spills.

June 28, 2025
Most Popular

Solana price targets $400 after monthly cup and handle breakout — Analyst

November 18, 2024

Enhanced Data Processing: The Key to AI Transformation Across Industries

June 8, 2024

Harris, Trump Return to 50-50 Showdown at Polymarket

August 26, 2024
  • Home
  • About Us
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms and Conditions
© 2025 Crypto Flexs

Type above and press Enter to search. Press Esc to cancel.