The Open Money Initiative co-founder will help Chia expand increase strategic partnerships and adoption.
Research by Context shows just under 200,000 enterprise-grade nearline storage devices of 10TB capacity were sold to end-users in Europe this April.
Amid the plans for its "near-term" IPO, the company plans to roughly triple the size of its workforce by year’s end.
Bram Cohen has taken over as CEO of his current company, Chia Network – a firm creating a less energy-intensive cryptocurrency.
BitTorrent developer Bram Cohen has published a white paper setting out an eco-friendly alternative to bitcoin's proof-of-work process.