Securitize appoints former IMF representative as a board member

robot
Abstract generation in progress

Odaily Planet Daily News: Securitize announced the appointment of investor, Blackstone advisor, and former International Monetary Fund Board member Sunil Sabharwal to its Board of Directors. Sunil Sabharwal served as the U.S. representative to the IMF confirmed by the U.S. Senate from 2016 to 2018, and received the U.S. Department of the Treasury Distinguished Service Award for this role. He is currently a board member of Thunes and TookiTaki, and previously served as chairman of payment companies Earthport and Ogone, which were acquired by Visa and Ingenico respectively. Since 2021, he has been an advisor and operating partner of Blackstone Growth Equity Fund.

Securitize currently manages over $4 billion in on-chain assets, including BlackRock BUIDL Fund and tokenization products for institutions such as Apollo, BNY, Hamilton Lane, KKR, and VanEck. The company reached a purchase agreement last October with a Cantor Fitzgerald subsidiary, valuing Securitize at $1 billion. The merged company will be listed on NASDAQ under the ticker CEPT.

View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin