Securrency, a developer of institutional-grade, blockchain-based financial and regulatory technology, has appointed Nadine Chakar as CEO.
Securrency builds blockchain-based financial markets infrastructure which focuses on identity and compliance to aid digital securities transactions. The platform is an open framework of services and interfaces which enables seamless integration with new and existing infrastructure.
Chakar’s leadership will combine her deep financial services, technology, and market experience with Securrency’s technology to deploy market-leading solutions on a global scale.
Chakar brings over 30 years of experience in global wealth and asset management to Securrency. Most recently, she served as executive vice president and head of state street digital, where she built and led the team that is helping State Street, institutional investors, and regulators successfully navigate the bank’s transition into a modern digital economy.
She has been recognised as one of the most powerful women in finance and is a vocal champion for using technology to revolutionise financial services.
Seccurency said that Chakar’s appointment will allow Dan Doney, Securrency’s founder, who has served as the company’s CEO and lead architect since its inception, to focus on innovation, technology delivery, and commercialisation by continuing to serve as the chief technology officer of Securrency.
Chakar said, “The financial services industry is at a critical tipping point as it tokenises regulated real-world assets and automates legacy financial processes using the power of blockchain technology.
“The Securrency team has done a remarkable job of developing the most robust technology on the market. As the new CEO, my priority is to accelerate the commercialisation of what is in essence the digital asset intelligence and interoperability foundation for major financial institutions and the global ecosystem. Dan Doney is a true visionary and innovator in the industry, and I look forward to working closely with him and the team to create the global digital assets marketplaces of the future.”
Seccurrency closed its Series B round on $30m in 2021.
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