Securitize, Galaxy, and Hashdex Announce Key Leadership Appointments
Securitize, Galaxy, and Hashdex made significant leadership appointments this week in the crypto industry.
Securitize Appoints Michael Sonnenshein
Michael Sonnenshein became the chief operating officer of Securitize, a tokenization platform. He previously departed from crypto asset manager Grayscale in May. Securitize is known for assisting BlackRock in tokenizing its USD Institutional Digital Liquidity Fund (BUIDL) in March, which has grown to manage over $500 million in assets.
Sonnenshein stated that bringing real-world assets on-chain is a key frontier in blockchain and digital assets. Tokenized fiat currencies are established, but US Treasurys serve as collateral for many capital markets transactions. He emphasized the importance of building products that address inefficiencies and incorporate yield-bearing assets.
Galaxy Names Tony Paquette CFO
Galaxy appointed Tony Paquette as its chief financial officer, succeeding Alex Ioffe, who will transition to a senior adviser role in January. Paquette held the CFO position at hedge fund Point72 and has experience with Bank of America’s Corporate Investments Group, JPMorgan Chase, and SoFi.
Hashdex Hires Mick McLaughlin
Hashdex appointed Mick McLaughlin as the US head of distribution to expand its US crypto ETFs. McLaughlin was formerly the chief distribution officer at Bitwise Asset Management and has extensive experience in ETF distribution from his time at Deutsche Bank and BlackRock.
Max Resnick Joins Solana Ecosystem
Ethereum researcher Max Resnick announced his move to the Solana ecosystem, joining the research firm Anza after working at Consensys subsidiary Special Mechanisms Group. He plans to focus on developing specifications for the Solana protocol, particularly fee markets and consensus implementations.