Blockchain Startup Securitize Hires Former SEC Official Brett Redfearn

Brett Redfearn, a former Securities and Exchange Commission official and Coinbase Global Inc. executive, has joined the blockchain trading startup Securitize Inc.

Redfearn will serve as a strategic adviser to Chief Executive Officer Carlos Domingo. Redfearn recently left Coinbase, where he led the cryptocurrency exchange’s capital markets group, and has previously worked at JPMorgan Chase & Co.

Scrutiny of cryptocurrencies is rising in Washington as regulators and lawmakers seek to crack down on the sector. Redfearn will benefit the company “tremendously,” as it grows “within the existing U.S. regulatory framework,” Domingo said in a statement.