Flexa, a digital funds firm that gives platforms for digital forex apps, has named Michelle Gitlitz as basic counsel, the corporate introduced.
Gitlitz, who begins Oct. 1, succeeds Daniel McCabe, a Flexa co-founder who has been promoted to the brand new position of chief working officer. She brings over 20 years of monetary companies expertise to the corporate.
She was a companion at Crowell & Moring, the place she served as head of the blockchain and digital belongings apply and co-leader of the agency’s monetary companies apply, in accordance with an organization assertion.
Her rent is an element of a bigger progress effort at Flexa, encompassing the addition of a number of dozen extra staff over the subsequent 12 months, in accordance with an organization assertion. New York-based Flexa, based in 2018, says it permits retailers and builders to simply accept digital funds in methods which can be quick and fraud-free.
“Michelle is really a trailblazer within the blockchain and digital belongings world and we sit up for studying from her and dealing together with her,” Tyler Spalding, co-founder and CEO of the corporate, mentioned in a press release.
At Crowell, she suggested corporations on implementing blockchain know-how apps, elevating capital, establishing new blockchains, and complying with state and federal cash transmission and cost legal guidelines, Flexa mentioned.
Earlier than that she was a companion at Clean Rome, the place she co-chaired the agency’s blockchain know-how and digital currencies group, in accordance with her LinkedIn.
Gitlitz additionally co-founded Range in Blockchain, a nonprofit devoted to constructing inclusion and equality within the business. She additionally labored for UBS Warburg on fairness analysis.
— With help from Ruiqi Chen.