Web3 onboarding startup Bastion named former a16z and Kraken Chief of Staff Caroline Friedman as the firm's Chief Operating Officer. 

Friedman moves into the new role after serving as the firm's Head of Operations since February. As Chief Operating Officer, Friedman will manage Bastion's compliance, regulatory matters, people, public policy and finance functions, the firm wrote in a statement.

"My main focus will be to continue building a strong operational base to support the growth of the business.  A key part of this will involve attention to Bastion's regulatory and compliance framework.  Compliance is not just a requirement, it is a critical part of our vision," Friedman told The Block. "We are committed to working closely with regulators and customers to ensure that …