According to Techflow, Bastion, a crypto startup founded by former a16z executives, appointed Caroline Friedman, former chief of staff of a16z and Kraken, as the company's chief operating officer.

Friedman, who previously served as the company’s chief operating officer since February, will be responsible for Bastion’s compliance, regulatory affairs, human resources, public policy and finance functions in his new role.

Prior to this, Friedman worked at a16z and Kraken, and served as an Assistant U.S. Attorney and a Special Assistant U.S. Attorney for the National Security and International Crimes Division. Bastion completed a $25 million seed round of financing on September 18, led by a16z.