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Blockchain.com: Geographic Expansion
Blockchain.com launched institutional payments infrastructure in Brazil, appointing financial payments veteran Fabrizio Spada to lead the expansion and trading across Latin America
The leadership read
Blockchain.com's expansion resets where the leadership need sits in Consulting. Standing up a new market rewards operators with local networks and a record of building from scratch. The 12-to-18-month read across Americas favours country and commercial leadership hired close to the ground.
Market context: The wider read — a Talent Market Index of 104.6 (Hot), down 1.9 month-on-month — shows Americas signal flow rising (+2.1pts).
Blockchain.com: 3 signals in the last 90 days — above the Consulting median of 2 across 46 tracked companies; 0.1% of MitchelLake's EMEA signal flow; 3 tracked across 34 days.
Market entry — the MitchelLake playbook
When a company expands into a new market, the first leadership hires decide whether it lands. A selection of market entries we've run:
Market entry · Oceania
Square
Executive Search Fintech
Market entry
Dropbox
Executive Search for SaaS
Market entry · Asia
Deliveroo
Executive Search in ASEAN
Market entry · Oceania
SurveyMonkey
Managing Director APAC (first hire in region) / Country Manager
Market entry · Asia
LivePerson
Director ASEAN (first hire in region); also Head of Presales APAC
Market entry · Oceania
Etsy
Managing Director, Australia + Asia (MD APAC)
MitchelLake in this thematic
Also at Blockchain.com →
More signals across Consulting
Geographic Expansion · Americas
Ripple →Ripple launched its UDAX accelerator program in Brazil to grow the XRP Ledger developer ecosystem through university partnerships, academic research grants, and developer support.
Geographic Expansion · Americas
Transurban →Transurban signed a Development Framework Agreement with Virginia Department of Transportation to assess a 6x larger expansion of the I-95 Express Lanes, adding ~120 lane miles and 140% capacity increase. Financial close anticipated 2029.
Geographic Expansion · Americas
MoonPay →MoonPay launched Virtual Accounts in New York, expanding enterprise stablecoin infrastructure capabilities
Partnership · Americas
Temenos →Temenos is executing a landmark SaaS core banking replacement with Regions Bank (assets $155bn+), positioning Regions to be one of the first large US banks to complete migration to modern core. Project is approximately two years into implementation, demonstrating viability of progressive modernization approach for enterprise banking.
Capital Raising · Americas
Procode →Procode raised $10M Series A funding led by Health Velocity Capital to finance acquisitions of private practice billing agencies and expand into surgical revenue cycle management across multiple specialties.
Capital Raising · Americas
CAIS →CAIS, a New York-based alternative investment platform for independent financial advisors, raised $170 million in Series D funding at $2 billion valuation. Total funding now exceeds $600 million. Lead investor is Vista Equity Partners; other investors include AllianceBernstein, Blue Owl Capital, Carlyle, Fortress, Golub Capital, Lord Abbett, and RBC.
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