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Krawcheck Joins Board of Blythe Masters's Blockchain Startup

  • Hiring unites two of Wall Street's most high-profile women
  • Firm recently raised more than $60 million from investors
Sallie Krawcheck.

Sallie Krawcheck.

Photographer: Brad Barket/Getty Images
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Former Citigroup Inc. and Bank of America Corp. executive Sallie Krawcheck has joined the board of Digital Asset Holdings Inc., the startup run by Blythe Masters that hopes to revolutionize how financial transactions are processed.

The development brings together two of Wall Street’s highest-profile women. Krawcheck, who was previously head of wealth management and chief financial officer at Citigroup and later ran wealth management for Bank of America, currently serves as chief executive officer of Ellevest, a yet-to-open service aimed at helping women invest. Masters, Digital Asset’s CEO, once ran JPMorgan Chase & Co.’s commodities business and helped invent credit-default swaps.