BlockFi, a crypto asset service provider, recently announced that it has secured a new Chief Financial Officer, with the company appointing Tony Lauro to the top financial role in the company.
According to the statement from the company on Tuesday, Lauro will focus on expanding the company’s product and service portfolio, whilst also growing the company’s global presence.
The appointment of Lauro also represents where the company is in its development, as the company grows into a more established financial institution. As the CFO, he will lead the company’s efforts to become a mainstream financial service provider for clients wanting to grow their wealth.
“I’m thrilled at the opportunity to work with Zac again, and to help BlockFi realize its tremendous potential while strengthening the company’s standing as a leader in the digital asset space.”
Tony Lauro joins BlockFi from Intermex
Lauro brings almost 30 years of experience in financial services, technology and communication. Moreover, he has spent nearly two decades of his career in CFO roles, his LinkedIn shows.
Namely, Lauro was the CFO for Commerce Solutions, a role which he held for nearly three years before leaving in May of 2016. Most recently, he the CFO of Intermex Wire Transfer, LLC, a wire transfer and money services provider.
During his career, he was the President and CFO of Cognical, Inc. During his time here, Lauro worked alongside BlockFi Founder & CEO Zac Prince. Earlier, he held various CFO roles at the Royal Bank of Scotland, Citizens Bank, and Capital One Financial.