Former Binance US CEO Joins Hashdex Board

Introduction

Brian Brooks, the former CEO of Binance US, has joined the board of directors of Hashdex, a Brazilian asset management firm that specializes in cryptocurrency exchange-traded funds (ETFs). Brooks, who also served as the Acting Comptroller of the Currency in the US Treasury, brings a wealth of experience in both traditional finance and the cryptocurrency industry to Hashdex.

Brooks’ Background

With a background in traditional finance, Brooks has held leadership positions at several major financial institutions, including Fannie Mae and OneWest Bank. He also served as the general counsel of Coinbase before joining Binance US as CEO in 2020.

During his time at Binance US, Brooks helped the exchange navigate the complex regulatory landscape of the US cryptocurrency market. His experience in compliance and regulation will be invaluable to Hashdex as it continues to expand its cryptocurrency ETF offerings.

Hashdex’s ETFs

Hashdex currently offers several cryptocurrency ETFs, including the Hashdex Nasdaq Crypto Index ETF and the Hashdex Digital Assets Index ETF. These funds are designed to provide investors with exposure to the cryptocurrency market without the need to directly hold cryptocurrencies.

Brooks’ appointment to the board of directors is part of Hashdex’s efforts to strengthen its position in the cryptocurrency market and expand its ETF offerings. According to Hashdex CEO Marcelo Sampaio, “Brian’s experience in traditional finance and his deep understanding of the cryptocurrency industry make him an invaluable addition to our board.”

Related:Polychain Capital and CoinFund Raise $350M for Crypto Funding

Conclusion

Brian Brooks’ appointment to the board of directors of Hashdex is a significant development for the Brazilian asset management firm. With his extensive experience in both traditional finance and the cryptocurrency industry, Brooks is well-positioned to help Hashdex continue to grow its cryptocurrency ETF offerings and navigate the complex regulatory landscape of the market.

Official Accounts

Official Telegram Channel: https://t.me/CryptoInsidersOnline
Official Instagram Account: https://www.instagram.com/cryptoinsiders_news
Official Twitter Account: https://twitter.com/CryptoinsiderHK
?
spot_img
spot_imgspot_img

Related Articles

Understanding ERC-223 Tokens: A Safer Approach to Gas Fees and Enhanced Security

Dive into the world of ERC-223 tokens, offering enhanced security and efficient gas fee management in blockchain transactions. Learn how they safeguard against loss in unsupported...

What is ERC-6551: the Future of NFTs

Discover ERC-6551, a transformative standard in the NFT landscape, enhancing asset ownership, social identity, and enabling autonomous actions...

The Power of Trustless Smart Contracts and Optimism Layer Two: Insights from Perpetual Protocol Co-founder

Explore the transformative power of trustless smart contracts, DeFi innovations, and the Arbitrage Vault. Learn about Optimism Layer Two and Perpetual Protocol's...
You have not selected any currencies to display