Stripe Inc. has tapped Matt Huang, co-founder of crypto venture-capital firm Paradigm, to serve as chief executive officer of Tempo, the online payments company’s new blockchain-based network aimed at facilitating digital asset transactions, according to a Fortune report on Tuesday. Huang will retain his role at Paradigm while leading Tempo, underscoring the closely knit relationship between venture capital and corporate efforts to expand blockchain payments infrastructure.
⚡️JUST IN: Paradigm co-founder Matt Huang will lead Stripe's blockchain "Tempo" as CEO while remaining at the crypto VC firm, per Fortune. https://t.co/bxACycXgCh
[FORTUNE] Exclusive: Top crypto VC Matt Huang to lead Stripe blockchain Tempo as CEO, stay at Paradigm
NEW: PARADIGM’S MATT HUANG TO LEAD STRIPE BLOCKCHAIN TEMPO AS CEO, STAY AT PARADIGM - PER FORTUNE SOURCES https://t.co/NyP3AWVOSE