Former Goldman Sachs Exec Joins Anchorage Digital’s Board of Directors

At present, Bridgewater Associates Holdings, the umbrella organization for the world’s largest hedge fund, Bridgewater Associates, is headed by Shoemaker in two key roles: as the Chief Operating Officer (COO) and Chief Financial Officer (CFO).

Anchorage Digital stands out as the sole cryptocurrency bank that has secured a full charter from the Office of the Comptroller of the Currency (OCC). In contrast, other contenders like Paxos and Protego have only advanced to provisional charters but have yet to clear the hurdle for a complete charter. The surge in institutional investment in cryptocurrencies following the green light for spot Bitcoin ETFs has fueled Anchorage Digital’s expansion, according to the company representative.

In a statement released on Thursday, Anchorage Digital disclosed plans to expand its board of directors in response to the increasing institutional interest in secure and federally regulated digital asset infrastructure.

Nathan McCauley, the co-founder and CEO of Anchorage Digital, spoke with CoinDesk via a company representative. He expressed that Shoemaker’s background in traditional finance will be indispensable as Anchorage Digital expands, emphasizing that her past role in constructing Goldman Sachs’ commercial bank division is particularly relevant to Anchorage Digital’s endeavors.

“McCauley stated that by bringing Connie onto Anchorage Digital Bank’s board, we are reinforcing our dedication to progressing the institutional sector through our federally regulated product with even greater emphasis.”

During the tumultuous period of the 2008 global financial crisis, I served as the global head of strategy at Goldman Sachs. It was an incredibly challenging time, but I’m proud to have overseen the expansion of Goldman Sachs Asset Management (GSAM) within the firm during that period. Later on, I assumed the role of Chief Administrative Officer at Goldman Sachs.