Crypto Infrastructure Firm Securrency Hires State Street's Nadine Chakar as CEO

Chakar replaces Securrency's founder Dan Doney, who will continue to serve as CTO

AccessTimeIconJan 5, 2023 at 1:28 p.m. UTC
Updated May 9, 2023 at 4:05 a.m. UTC
10 Years of Decentralizing the Future
May 29-31, 2024 - Austin, TexasThe biggest and most established global hub for everything crypto, blockchain and Web3.Register Now

Institutional cryptocurrency infrastructure firm Securrency has hired asset management giant State Street's head of digital Nadine Chakar as its new CEO.

She replaces Securrency's founder Dan Doney, who will continue to serve as the company's chief technology officer (CTO).

  • How Bitcoin and Ether's Options Contracts Combined Expiry Could Spike Volatility
    01:11
    How Bitcoin and Ether's Options Contracts Combined Expiry Could Spike Volatility
  • Over $1B in U.S. Treasury Notes Has Been Tokenized; FATF Calls for More Regions to Regulate Crypto
    02:04
    Over $1B in U.S. Treasury Notes Has Been Tokenized; FATF Calls for More Regions to Regulate Crypto
  • Moondance Labs CEO on 'Barriers of Entry' for Building Layer 1s
    01:28
    Moondance Labs CEO on 'Barriers of Entry' for Building Layer 1s
  • What Challenges Do Appchains Solve?
    00:59
    What Challenges Do Appchains Solve?
  • Chakar spent just under a year and a half as State Street's digital chief, following more than two years as its head of global markets, according to her LinkedIn profile. She's also been on the Securrency board since 2021, when State Street was part of a $30 million funding round for the company. Also part of that fundraise were U.S. Bank, Abu Dhabi, Catalyst Partners and WisdomTree Investments.

    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.

    Chakar's appointment will provide knowhow of institutional-grade compliance to bring to Securrency's products and services in tokenization, decentralized finance (DeFi) and interoperability, said the company in a statement.







    Disclosure

    Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated.

    CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. In November 2023, CoinDesk was acquired by the Bullish group, owner of Bullish, a regulated, digital assets exchange. The Bullish group is majority-owned by Block.one; both companies have interests in a variety of blockchain and digital asset businesses and significant holdings of digital assets, including bitcoin. CoinDesk operates as an independent subsidiary with an editorial committee to protect journalistic independence. CoinDesk employees, including journalists, may receive options in the Bullish group as part of their compensation.

    Jamie Crawley

    Jamie Crawley is a CoinDesk news reporter based in London.


    Learn more about Consensus 2024, CoinDesk's longest-running and most influential event that brings together all sides of crypto, blockchain and Web3. Head to consensus.coindesk.com to register and buy your pass now.


    Read more about