Hashdex Appoints Former BlackRock Exec to Lead US Sales

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Tanzeel Akhtar

Journalist

Tanzeel Akhtar

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Tanzeel Akhtar has been covering the cryptocurrency and blockchain sector since 2015. She has written for the Wall Street Journal, Bloomberg, CoinDesk, Bitcoin Magazine and Bitcoin.com.

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December 11, 2024 03:39 EST

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Brazil-based asset management firm​​ Hashdex, has appointed former BlackRock exec Mick McLaughlin as its U.S. head of distribution, to expand the firm’s exposure to the digital asset sector in the region.

In an announcement, Hashdex said McLaughlin will lead the distribution and growth of Hashdex’s crypto-based exchange-traded fund (ETF) offerings in the U.S. market. He will also strengthen Hashdex’s U.S. sales team.

Former BlackRock iShares, Bitwise Exec

Before joining Hashdex, McLaughlin worked as the chief distribution officer at crypto asset manager Bitwise Asset Management. He has also worked at Deutsche Bank, BlackRock iShares and Barclays. He has also held positions at Hartford Funds and Russell Investments and began his career at Prudential Securities.

“As a crypto-only asset manager, Hashdex has demonstrated a commitment to digital assets across the globe, not only through industry leading products but by providing extensive education and support for investors of all sizes,” said McLaughlin, in a press release.

Global ETF Growth

Earlier this year Brazil’s Securities and Exchange Commission (CVM) approved its second Solana ETF, dubbed “Hashdex Nasdaq Solana Index Fund,” managed by Hashdedx, in collaboration with major Brazilian investment bank BTG Pactual.

Earlier this year Hashdex filed an S-1 form with the U.S. Securities and Exchange Commission (SEC) for the first-ever spot Exchange-Traded Fund (ETF) tracking multiple digital assets.