Crypto: Monad Hires Former Falconx, Bvnk And Optimism Executives 2026

The appointments add traditional finance and institutional crypto experience as the layer-1 blockchain scales its post-launch strategy.

The Monad Foundation has hired three senior executives from Optimism, FalconX and BVNK as it expands its focus on institutional adoption following its November mainnet launch.

Urvit Goel joins as vice president of go-to-market from the Optimism Foundation, Joanita Titan becomes head of institutional growth after leading custody and staking at FalconX, and Sagar Sarbhai joins as head of institutions for Asia-Pacific, most recently at BVNK.

The three executives previously held roles at JP Morgan, Deutsche Bank, Anchorage Digital, Fireblocks and Amazon, bringing backgrounds in traditional finance and institutional crypto infrastructure.

According to an announcement shared with Cointelegraph, the new hires are expected to focus on capital markets strategy, brand building and institutional adoption across Asia-Pacific jurisdictions including Hong Kong, Singapore, Japan and South Korea.

Monad launched its public mainnet in November along with a token sale on Coinbase. Since launch, the network has reached about $450 million in stablecoin market capitalization and more than $200 million in total value locked across decentralized finance protocols, according to the foundation.

The network says it can process up to 10,000 transactions per second with sub-second finality while remaining compatible with the Ethereum Virtual Machine. The foundation said the design targets use cases such as high-frequency trading and payments.

In 2024, Monad Labs, the development company behind the network, raised $225 million in a funding round led by Paradigm. The Monad Foundation now oversees ecosystem growth following mainnet launch.

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While 2021–2023 saw a surge of layer-1 blockchain launches, including Avalanche (AVAX), Near (NEAR), Aptos (APT), Sui (SUI) and others, the pace of new mainnets has slowed over the past year. Even so, Monad is not the only layer-1 blockchain to enter the space recently.

Source: CoinTelegraph