Securrency Appoints State Street Digital Chief as New CEO

• Securrency, a crypto infrastructure firm, has hired 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 CTO.
• Chakar’s appointment will provide institutional-grade compliance to bring to Securrency’s products and services in tokenization, decentralized finance (DeFi) and interoperability.

Securrency, a crypto infrastructure firm, has announced the appointment of Nadine Chakar as its new CEO. Chakar, who was formerly the head of digital at State Street, is set to replace Securrency’s founder Dan Doney, who will remain with the firm as its chief technology officer (CTO).

Chakar brings extensive experience in the financial services industry, having spent just under a year and a half as State Street’s digital chief, and over two years as its head of global markets. She has also been a member of Securrency’s board since 2021, when State Street participated in a $30 million funding round for the company. Other participants in the round included U.S. Bank, Abu Dhabi, Catalyst Partners and WisdomTree Investments.

Securrency was created to provide institutions with blockchain-based regulatory technology on top of existing legacy systems to enable digital asset adoption in a compliant manner. With the addition of Chakar, the firm will be able to leverage her deep knowledge of institutional compliance to help bring its products and services in tokenization, decentralized finance (DeFi) and interoperability to the next level.

“I am thrilled to be joining Securrency at this important stage in its development,” Chakar said in a statement. “The company has built a powerful platform that is revolutionizing capital markets, and I look forward to the challenge of leading its growth and development.”

“Nadine’s appointment is testament to the hard work and dedication of the Securrency team, and a recognition of our ambition to lead the institutional adoption of digital assets,” said Doney. “Her experience and expertise will be invaluable as we continue to develop and expand our platform to meet our clients’ needs.”

With Chakar taking the helm, Securrency is well-positioned to continue its mission of providing the world’s leading financial institutions with the technology they need to adopt digital assets in a compliant manner.