Zero Hash Taps Former Stripe, Coinbase Exec as President and COO

Cyril Mathew previously led business development teams at Stripe and Coinbase.

AccessTimeIconMar 28, 2023 at 1:00 p.m. UTC
Updated May 9, 2023 at 4:11 a.m. UTC

Zero Hash, a crypto infrastructure provider that helps companies integrate crypto, has appointed longtime crypto leader Cyril Mathew as its new president and chief operating officer as the company looks to expand and grow internationally.

A former big-tech developer, Cyril has led teams in business development at Coinbase as well as Meta Platforms (formerly Facebook) and Uber. Most recently, he was the global head of business development and partnerships at payments processor Stripe.

“Some people have recently asked me why I’m still in a space with bad actors like FTX and 3AC,” Mathew said in a company blog post, referring to Three Arrows Capital. “I hate what happened to end users of these platforms, but I believe these issues largely happened because of a lack of regulation and transparency.”

Mathew said he realized the importance of a player such as Zero Hash in the crypto ecosystem while working with the company at Stripe, where he led the creation of the platform’s crypto offerings.

“In getting to know the team and platform over the last year, I realized what an important part of the ecosystem they could become,” he said. “And in light of events of the last several months, having a regulated, trusted, transparent and compliant platform with a tech-forward ethos is critical for the space to grow.”

Zero Hash, which is backed by investors including VC firm Point72 Ventures, recently unveiled operations in Brazil as it continues to expand into new regions. In January, the company was tapped by crypto bank Juno to serve as its new crypto custodian.

“I am excited that Cyril joining Zero Hash serves as further validation of our position as the leading crypto infrastructure provider and will be an integral part of our continued international expansion and growth,” Edward Woodford, founder and CEO of Zero Hash, said in the post.

Edited by Nelson Wang and James Rubin.

DISCLOSURE

Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated.

The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. As part of their compensation, certain CoinDesk employees, including editorial employees, may receive exposure to DCG equity in the form of stock appreciation rights, which vest over a multi-year period. CoinDesk journalists are not allowed to purchase stock outright in DCG.

CoinDesk - Unknown

Helene is a U.S. markets reporter at CoinDesk, covering the US economy, the Fed, and bitcoin. She is a recent graduate of New York University's business and economic reporting program.


Learn more about Consensus 2024, CoinDesk’s longest-running and most influential event that brings together all sides of crypto, blockchain and Web3. Head to consensus.coindesk.com to register and buy your pass now.