MobileCoin, a privacy-focused payments network and the builder of Signal's crypto payments feature, has moved its chief technology officer, Sara Drakeley, into the chief executive officer position. According to the press release, Drakeley's appointment emphasizes the company's plans to "amplify its product offerings and broaden its market reach." Drakley is "focused on bringing instant, cross-border, peer-to-peer payments to customers and businesses alike," MobileCoin said. Per Steve Jurvetson, co-founder of Future Ventures and MobileCoin board member, the new CEO will "act as the catalyst for the next generation of payments."