Ex-Trump Top Economic Adviser Joins Forces With Fledgling Blockchain Startup

  • Alex Dovbnya
    📰 News

    Goldman Sachs bigwig Gary Cohn joined startup. Cohn will work with Spring Labs, a fintech startup that has offices in Los Angeles and Chicago with 20 people on board


Ex-Trump Top Economic Adviser Joins Forces With Fledgling Blockchain Startup

Goldman Sachs bigwig Gary Cohn, who served as Donald Trump’s top economic adviser from the very onset of his presidency, is now joining a Blockchain startup, Financial Times reports. After sparring with Trump over imposing tariffs on steel and aluminum and subsequently resigning back in May, Cohn will work with Spring Labs, a fintech startup that has offices in Los Angeles and Chicago with 20 people on board.

Spring Labs, which raised more nearly $15 in a seed funding round, is focused on increasing the efficiency and security of data-sharing with the help of Blockchain. Cohn calls his presence on the team a “unique opportunity”, but he also recognizes the challenges that come with building the technology and getting it accepted by lenders and data providers.

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About the author

Alex Dovbnya (aka AlexMorris) is a cryptocurrency expert, trader and journalist with an extensive experience of covering everything related to the burgeoning industry — from price analysis to Blockchain disruption. Alex authored more than 1,000 stories for U.Today, CryptoComes and other fintech media outlets. He’s particularly interested in regulatory trends around the globe that are shaping the future of digital assets.

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