13 December 2017
visit www.aciworldwide.com

Blockchain startup AlphaPoint names Nasdaq EVP Salil Donde CEO

28 November 2017  |  4297 views  |  0 Digital Arrow chart

As it gears up for the launch of a public blockchain network promising to democratise asset digitisation, AlphaPoint has poached Nasdaq EVP Salil Donde and installed him as CEO.

Donde spent nearly three years at Nasdaq as EVP, global information services, which provides data, analytics, index products and ETF listing to the FS industry.

He is now leaving the Wall Street establishment for blockchain upstart AlphaPoint as it unveils plans for what it calls the world’s first public blockchain engineered from the ground up on Intel SGX technology.

Users will be able to securely digitise real-world assets across both public and private blockchains. This, says the firm, will help bring historically illiquid assets - including real estate, exclusive goods, debt, and commodities - to market through the token model.

To fund the network's development, AlphaPoint is planning a pre-functional token sale to accredited investors early next year. Participants will receive IOUs for future utility tokens to power services on the future open network.

"The primary mission of AlphaPoint is to enable our customers to digitize real-world assets and launch new markets. The proceeds from the planned sale to accredited investors will allow AlphaPoint to build a new public blockchain network that delivers on this mission at a new scale," says Donde.

Comments: (0)

Comment on this story (membership required)

Finextra news in your inbox

For Finextra's free daily newsletter, breaking news flashes and weekly jobs board: sign up now

Related stories

Scotiabank trials AlphaPoint blockchain tech for trade reports

Scotiabank trials AlphaPoint blockchain tech for trade reports

02 March 2017  |  13718 views  |  0 comments | 10 tweets | 6 linkedin

Related company news


Related blogs

Create a blog about this story (membership required)
visit www.solutions.lexisnexis.comvisit www.response.ncr.comvisit www.atos.net

Top topics

Most viewed Most shared
Saxo Bank's 'Outrageous Prediction': Bitcoin to peak at $60k next year before spectacular crashSaxo Bank's 'Outrageous Prediction': Bitco...
12127 views comments | 7 tweets | 7 linkedin
Deutsche Bank paper hails 'huge' blockchain potentialDeutsche Bank paper hails 'huge' blockchai...
9309 views comments | 16 tweets | 22 linkedin
PSD2: Laying the regulatory foundation for a new age in paymentsPSD2: Laying the regulatory foundation for...
7898 views comments | 17 tweets | 35 linkedin
Santander UK poaches Barclays innovation chief Michael HarteSantander UK poaches Barclays innovation c...
7327 views comments | 8 tweets | 17 linkedin
Alior Bank to use Open API platform and accelerator to create fintech marketplaceAlior Bank to use Open API platform and ac...
7162 views comments | 20 tweets | 11 linkedin

Featured job

London, UK (or flexible)

Find your next job