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An ex-executive at the troubled crypto lender BlockFi took a position at Alphabet Inc. to work on Web3.
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Rishi Ramchandani was BlockFi's vice president for Asia from June 2020 to this month.
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According to his LinkedIn profile and a post by Mitesh Agarwal on the social media site, he is a managing director at Google who focuses on cloud service customers, partner engineering, and Web3-related efforts.
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Rishi Ramchandani is now APAC Web3 lead at Google.
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Google Cloud supports the development, transactions, and deployment of new products.
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The spokesperson stated that it has customers, including top Web3 and cryptocurrency-related companies like Nansen, Sky Mavis Inc., and Dapper Labs Inc.
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BlockFi filed for bankruptcy in the last month following the collapse of Sam Bankman Fried's empire, which included Alameda Research and exchange FTX.