Ex-FTX Exec Lands at Funds Tech Firm Nuvei


FTX’s former international head of funds has resurfaced as an government at funds know-how firm Nuvei weeks after the crash of his ex-employer.

Adam Jacobs, who started working at crypto change FTX in June 2021, started his function as a senior vp of company improvement for the Montreal-based firm this month, in line with his LinkedIn web page.

Nuvei is a public firm that connects companies to prospects through 150 currencies and practically 600 various fee strategies. The corporate acquired crypto funds firm Simplex for $250 million final 12 months.

Jacobs declined to remark in regards to the transfer.

With crypto change FTX filing for bankruptcy final month and different giant business gamers coping with ripple results of the collapse, headhunters previously told Blockworks that gifted crypto workers are chasing a dwindling variety of spots.

A lot of former staffers from FTX have expressed an curiosity in remaining within the Web3 house, WorkInCrypto.Global founder Sam Wellalage mentioned on the time.

Whereas Jacobs was at FTX, the change partnered with Visa. The agency said in October that it meant to launch Visa debit playing cards linked to customers’ FTX accounts in 40 international locations.

The funds big terminated its agreements with FTX, a Visa spokesperson instructed Blockworks after the change filed for chapter.

Earlier than becoming a member of FTX, Jacobs based crypto fee supplier Spend.com. The corporate was acquired by cryptocurrency Visa card issuing platform Swipe — ultimately bought by Binance — in March 2021.

Jacobs additionally was beforehand an adviser to an Ethereum co-founder from April 2017 to March 2021, his Linkedin profile signifies.

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