Mastercard to Boost Crypto Team with New Hires

Global payments technology company Mastercard is stepping up its crypto game by announcing two new leadership openings.

The first position, vice president, head of digital assets ecosystem growth, will be working on securing partnerships with issuers, blockchain innovators, and infrastructure providers.

This hire will focus on scaling Crypto Credential and Multi-Token Network, which are the two initiatives that are central to Mastercard’s digital asset strategy. The former represents an alias system for improving the security and compliance of blockchain-based transactions. The latter initiative aims to enhance traditional finance with tokenized bank deposits.

The position requires at least years of experience in business development and partnerships as well as a proven ability to maintain industry contracts and “in-depth understanding” of various cryptocurrency-specific regulatory frameworks.

The second role, vice president, head of FI growth, will be specifically responsible for securing partnerships with legacy financial institutions to support tokenized assets and B2B payments.

A potential hire will focus on developing relationships with major “building centers” in the financial institution.

For both of these job offerings, the pay will range between $217,000 and $348,000, the job offering says.

Last month, as reported by U.Today, Mastercard announced a partnership with Chainlink that makes it possible for its cardholders to buy digital assets on-chain.

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