Bloomberg Law
July 15, 2020, 10:01 AM

Peter Thiel-Backed Crypto Lender BlockFi Hires General Counsel

Brian Baxter
Brian Baxter

BlockFi Inc., a cryptocurrency lender funded by billionaire Peter Thiel and internet entrepreneurs the Winklevoss twins, has welcomed aboard a new top lawyer as it continues to search for a CFO.

Jonathan Mayers, who spent the past decade as an in-house lawyer at hedge fund Renaissance Technologies LLC, joined BlockFi earlier this month as its first-ever general counsel. Mayers is the latest in a string of lawyers hired in the cryptocurrency and digital asset management sector, which is ramping up its legal and compliance capabilities in an effort to legitimize itself among regulators and traditional financial services institutions.

“As the ...

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