JPMorgan’s Blockchain Network Liink Head Christine Moy Exiting Company

Christine Moy, head of J.P. Morgan’s Liink network and blockchain, is leaving the world’s largest bank after more than 17 years to pursue a new opportunity, she announced in a LinkedIn post.

“After almost two decades, I am leaving JPM to pursue a new opportunity. I am so proud of defining cross-firm blockchain & crypto strategy,” she said, and pointed to the many projects she led, such as launching JPM as the first bank in the Metaverse.

Moy thanked the leadership and mentors she had at the company for empowering her to “take risks, experiment, take long shots, and build an authentic team culture.”

As far as her “next world-building adventure,” she said, “stay tuned. I am super excited to share with you what is next.”

See also: PYMNTS Fireside Chat with Christine Moy, Global Head of Liink by J.P. Morgan

Launched in October 2020, Liink is part of JPM’s Onyx division, which pioneered one of the world’s first blockchain-based platforms for wholesale payments transactions, according to its website. Onyx is dedicated to building next-generation payment capabilities, and its production-grade, scalable peer-to-peer (P2P) blockchain network was developed to solve problems and meet the needs of financial institutions.

In an interview with PYMNTS last March, Moy told Webster that the blockchain can be utilized as the central technology to securely support entire ecosystems of banks and companies linked worldwide to exchange data in real-time.

“If you don’t want to create a central honeypot of data that basically is ‘collapsing’ all of the largest banks’ data flows in the world, there’s an opportunity to leverage some of the new technologies like blockchain that enable [secure] point-to-point communication,” Moy told Webster.

Read more: State Bank Of India Joins Liink, JPMorgan’s Blockchain Network

Moy’s replacement will be Sushil Raja, who most recently served as Onyx’s chief financial officer and head of strategy, Bloomberg reported, citing an internal memo from Umar Farooq, head of Onyx.

“Christine has been instrumental in building and leading J.P. Morgan’s blockchain program, dating back to 2015 when the blockchain team consisted of fewer than five people,” Farooq wrote in the memo. “Fortunately, we have a very strong bench of exceptional leaders and experts in distributed ledger technology that will enable us to lead and innovate in this space in the future.”