Securitize hires former PayPal exec as US tokenization gains traction
PositiveCryptocurrency
- Securitize has appointed Jerome Roche, a former executive at PayPal, as it seeks to expand its regulated tokenized securities offerings for U.S. investors, building on recent approvals in Europe. This strategic move aligns with the growing interest in tokenization within the financial sector.
- The hiring of Roche is significant as it brings expertise from a leading fintech company, potentially enhancing Securitize's capabilities in navigating the evolving landscape of digital securities and attracting institutional investors.
- This development reflects a broader trend in the financial industry where companies are increasingly focusing on tokenization and real-world assets, with projections indicating substantial growth in this sector. Securitize's recent EU approvals for a tokenized trading system on the Avalanche blockchain further emphasize its commitment to expanding its market presence and operational capabilities.
— via World Pulse Now AI Editorial System
