Pro-crypto ex-lawmaker Patrick McHenry lands roles at top blockchain firms

Patrick McHenry, former chair of the House Financial Services Committee, has joined three crypto-focused companies since his pivot from policymaking.

The ex-Republican congressman was hired as vice chair of Ondo Finance’s advisory board as the protocol aims to move more real-world assets onto blockchain networks.

Ondo Finance is an on-chain protocol that uses cryptographic technology to enable trading for real-world assets like U.S. Treasuries on decentralized venues such as Ethereum. According to DefiLlama, Ondo has nearly $1 billion in tokenized asset deposits