Cryptocurrencies

‘Crypto Dad’ Giancarlo Joins Board of Bitcoin Lender BlockFi

  • Giancarlo headed CFTC in 2017 when Bitcoin futures debuted
  • BlockFi lends against crypto collateral, offers Bitcoin Trust
Christopher GiancarloPhotographer: Andrew Harrer/Bloomberg
Lock
This article is for subscribers only.

Christopher Giancarlo, the former chairman of the U.S. Commodity Futures Trading Commission who’s known as “Crypto Dad” for his early embrace of digital assets, joined the board of cryptocurrency lender BlockFi.

Giancarlo, 61, headed the CFTC when the Chicago Board Options Exchange and CME Group Inc. first offered Bitcoin futures contracts. He gained tens of thousands of followers on Twitter after his February 2018 congressional testimony in which he advocated for a “do no harm” regulatory stance toward blockchain products, the comments that earned him his nickname.