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    CEO of Bitcoin Wall Provider Xapo Joins PayPal's Board of Directors

    Morag Mcgreevey
    Jan. 14, 2016 12:32PM PST
    Fintech Investing

    CEO of bitcoin waller provider Xapo has joined PayPal (NASDAQ:PYPL) as a new board member.

    CEO of bitcoin waller provider Xapo has joined PayPal (NASDAQ:PYPL) as a new board member.
    Wences Casares, CEO of bitcoin wallet provider Xapo, is the payments giant’s newest board member.
     
    According to an article on Fortune:

    Wences Casares, CEO of bitcoin wallet provider Xapo, is the payments giant’s newest board member. Payments giant PayPal announced a new board member this morning, potentially signaling the company’s openness to cryptocurrencies. Wences Casares, CEO of bitcoin wallet provider Xapo, joined PayPal’s board and is part of the company’s compensation committee.
    Dan Schulman, president and CEO of PayPal PYPL 2.49% , said of the entrepreneur: “Wences’s unique line of sight into the future of commerce is ideally aligned with PayPal’s vision of transforming the management and movement of money for people around the globe.”

    Click here to read the full article on Fortune.

     

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