Digital Asset's Europe Head Is Latest to Leave Enterprise Blockchain Startup

The upheaval continues at enterprise blockchain company Digital Asset, with the news that Gavin Wells will step down from his role as head of Europe next month.

Oliver Hugh-Jones, head of business development for Europe, will assume all of Wells' client-facing responsibilities, a spokeswoman for DA confirmed to CoinDesk Thursday.

Wells' departure was reported earlier by Risk, a financial industry publication.

"I joined Digital Asset to learn about the technology, but I stayed because of the people I met there," Wells told the magazine.

Before joining the company, Wells had senior foreign exchange positions at British clearing house LCH and global megabank Citigroup.

James Powell, CIO and CTO of engineering at Digital Asset, had left the software company.

Her departure surprised many in the enterprise blockchain industry, since the Wall Street veteran was considered the very personification of DA, and, to some degree, of the distributed ledger technology space itself.

R that Masters' departure would not impact its timeline.

Zohar Hod, a trading technology veteran, was brought in as its chief strategy officer, coinciding with Powell's departure.

Hod reports to co-founder and chief operating officer Yuval Rooz.