Former State Street head of digital finance Nadine Chakar is now set to lead blockchain startup Securrency as its CEO.
Chakar is expected to assume the role on Jan. 9. The firm’s founder Dan Doney, who was previously working as the company’s CEO, will continue as chief technology officer.
Securrency is a blockchain-based financial and regulatory technology developer. The firm has worked with asset manager WisdomTree on its push to launch what it calls blockchain-enabled funds. Securrency says it serves as a transfer agent by maintaining a secondary record of share ownership on the Stellar or Ethereum blockchains.