Cryptocurrencies

Crypto Startup Blockchain.com Adds Top Walmart Director

  • Ex-American Airlines chairman Tom Horton joins panel
  • Firm is loading up on directors, backers from well-known firms
Tom Horton in a 2013 photoPhotographer: Nadine Hutton/Bloomberg
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Blockchain.com is adding the lead independent director from Walmart Inc., the world’s biggest retailer, to its own board in the run-up to a potential public offering by the cryptocurrency service.

Tom Horton’s arrival adds to Blockchain.com’s array of backers from other blue-chip firms and dovetails with crypto’s spread; the company is already known for its blockchain wallet that helps people handle digital currencies. But there’s also fear that a crypto winter is at hand, as Bitcoin’s price plummets from its all-time high in November.