Securrency Hires State Street’s Digital Chief Nadine Chakar as New CEO

• Securrency, a cryptocurrency infrastructure firm, has hired Nadine Chakar, State Street’s digital chief, as its new CEO.
• Chakar replaces Securrency’s founder Dan Doney, who will remain as the company’s CTO.
• Securrency’s aim is to provide institutions with blockchain-based regulatory technology on top of existing legacy systems to enable digital asset adoption in a compliant manner.

Securrency, a cryptocurrency infrastructure firm, has announced the appointment of Nadine Chakar as its new CEO. Chakar, who was the digital chief at State Street, replaces Securrency’s founder Dan Doney, who will remain as the company’s CTO.

Chakar brings with her a wealth of knowledge in institutional-grade compliance and digital asset adoption. She was the head of global markets at State Street for over two years, and was part of a $30 million funding round for Securrency in 2021, which included U.S. Bank, Abu Dhabi, Catalyst Partners, and WisdomTree Investments.

Securrency’s mission is to provide institutions with blockchain-based regulatory technology on top of existing legacy systems to enable digital asset adoption in a compliant manner. This technology will allow companies to tokenize assets and implement decentralized finance (DeFi) protocols, in addition to providing interoperability between different blockchain and traditional finance systems.

Securrency’s CEO, Nadine Chakar, commented on her new role, saying: „I am excited to join the Securrency team and lead the company into its next stage of growth. I look forward to leveraging my experience in the institutional asset management space to build the infrastructure necessary to enable the mainstream adoption of digital assets.”

Dan Doney, Securrency’s founder and CTO, also commented on Chakar’s appointment, stating: “Nadine brings an extensive knowledge of institutional asset management, financial compliance and digital asset adoption. We are thrilled to have her on board and look forward to continuing to build the infrastructure and technology that will enable the mainstream adoption of digital assets.”

Securrency’s new CEO appointment is a sign of the company’s commitment to building the necessary infrastructure for the mainstream adoption of digital assets. With Chakar’s experience and knowledge, the company looks to continue to make strides in the industry, providing institutions with the security and compliance they need to adopt digital assets.

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