On the heels of its public listing, Bitcoin financial services company Fold Holdings Inc ($FLD) has brought on Hailey Lennon of Brown Rudnick LLP as General Counsel.
“I’m really excited to join Fold and guide the company through this new regulatory environment. On a personal level, I’m very aligned with the mission of building a gateway to bitcoin-based financial products and services,” Lennon told Blockspace.
Originally a gift-card-powered Bitcoin rewards app, the company has moved toward a full-stack financial services company. Fold launched with over 1,000 BTC in its corporate treasury. A Bitcoin rewards credit card is in the works, too.
A tenured name in crypto, she’s worked with numerous major players like Coinbase, Silvergate, and BitFlyer, helping them navigate the digital asset space and is regularly invited to speak at industry events like the Bitcoin Conference.
She joins as the regulatory pendulum swings back in the favor of digital assets. Compared to Biden’s Operation Chokepoint 2.0, Lennon says that the present day looks bright: “With the change in administration we’ve seen a shift in the regulatory acceptance of bitcoin as an asset class.”
Lennon says her role as general counsel will be initially focused on getting the company’s products to market:
“There is a lot of work to be done and a lot of Bitcoin-related products Fold intends to launch in the coming year. Fold is just getting started,” she added.
