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Two of the Most Powerful Women in Finance Are Joining Forces

By Valentina Zarya for Fortune

Both are veterans of the nation’s biggest banks.

Two former Wall Street titans are making waves in fintech.

Sallie Krawcheck, co-founder and CEO of women-focused digital investment platform Ellevest is joining the board of Blythe Masters’ Digital Asset Holdings, which is exploring how to apply the technology behind Bitcoin to financial markets.

Both women are veterans of the nation’s biggest banks: Krawcheck comes from a long finance career at Bank of America Merrill Lynch BAC -1.99% and Citigroup C -0.97% , while Masters is a J. P. Morgan Chase JPM -1.12% alumnus credited with helping topioneer the creation of credit default swaps in the ‘90s.

Krawcheck will be in good company on Masters’ board, which already boasts a roster of well-known finance execs, including Catherine Flax, head of commodity derivatives and foreign exchange and local markets, Americas, atBNP Paribas and Sanoke Viswanathan, chief administrative officer of the corporate and investment bank at J.P. Morgan.

Both are veterans of the nation’s biggest banks.

Two former Wall Street titans are making waves in fintech.

Sallie Krawcheck, co-founder and CEO of women-focused digital investment platform Ellevest is joining the board of Blythe Masters’ Digital Asset Holdings, which is exploring how to apply the technology behind Bitcoin to financial markets.

Both women are veterans of the nation’s biggest banks: Krawcheck comes from a long finance career at Bank of America Merrill Lynch BAC -1.99% and Citigroup C -0.97% , while Masters is a J. P. Morgan Chase JPM -1.12% alumnus credited with helping topioneer the creation of credit default swaps in the ‘90s.

Krawcheck will be in good company on Masters’ board, which already boasts a roster of well-known finance execs, including Catherine Flax, head of commodity derivatives and foreign exchange and local markets, Americas, atBNP Paribas and Sanoke Viswanathan, chief administrative officer of the corporate and investment bank at J.P. Morgan.

Masters’ venture has also attracted plenty of investor attention from the banking and technology worlds: The company has already raised $60 million from J. P. Morgan, Citi, Goldman Sachs GS -1.28% , and IBM IBM -0.30% , among other big names.

First appeared in Fortune

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