Tokenization Software Firm AlphaPoint Rehauls Management

Published at: June 4, 2019

Tokenization software firm AlphaPoint rehauled its management, financial news outlet Finextra reports on June 3.

Per the report, the current chief technology officer of the company, Joe Ventura, will become the chief information officer, while global head of trading Kapil Rathi will be the new chief operating officer. Both will be reporting to Igor Telyatnikov, the former president who has now been newly appointed as the CEO.

Telyatnikov is reportedly an AlphaPoint founding member who held multiple senior leadership positions in the firm, including chief operating officer. Finextra notes that he was previously responsible for overseeing the company’s business strategy, customer success and revenue growth.

Before his work at AlphaPoint, Telyatnikov was a managing director at fintech, adtech and online media investment venture firm Cvetlo, and led business development at digital ad platform LiftDNA. Former CEO Salil Donde will become a strategic advisor for the company, the same role that he held before becoming an executive at the company.

In March, AlphaPoint had upgraded its security token solution, which is designed for institutional clients.

As Cointelegraph recently reported, compliant tokenization startup Standard Tokenization Protocol announced that it secured $7 million in funding in two separate private funding rounds from multiple venture capitalists by selling its STPT token.

In May, major Swiss telecommunications company Swisscom announced its plans to distribute tokenized artwork through its Swisscom TV television network.

Tags
Bitcoin
Tokens
Fintech
Related Posts
How to pick or analyze altcoins?
What are altcoins? The word “altcoin” is derived from “alternative” and “coin.” Altcoins refer to all alternatives to Bitcoin. Altcoins are cryptocurrencies that share characteristics with Bitcoin (BTC). For example, Bitcoin and altcoins have a similar basic framework. Altcoins also function like peer-to-peer (P2P) systems and share code, much like Bitcoin. Of course, there are also marked differences between Bitcoin and altcoins. One such difference is the consensus mechanism used by these altcoins to validate transactions or produce blocks. While Bitcoin uses the proof-of-work (PoW) consensus mechanism, altcoins typically use proof-of-stake (PoS). There are different altcoin categories, and they can …
Technology / Jan. 23, 2022
Indonesia’s cryptocurrency community in 2022: An overview
Crypto is the next big thing in Indonesia. According to the Ministry of Trade, transactions for currencies like Bitcoin (BTC) grew over 14 times from a total of 60 trillion rupiahs ($4.1 billion) in 2020 to a total of 859 trillion rupiahs ($59.83 billion) in 2021. It’s getting to the point where crypto is becoming more popular than traditional stock. Vice Minister of Trade Jerry Sambuaga stated that more than 11 million Indonesians bought or sold crypto in 2021. In comparison, according to the Indonesian Central Securities Depository, the total number of portfolio investors — indicated by the number of …
Adoption / April 2, 2022
How to use a Bitcoin ATM
Things required to use a Bitcoin ATM There are a few things you’ll need to prepare before you can get started on using a Bitcoin ATM: A crypto wallet The first thing you'll need before using a Bitcoin ATM is a crypto wallet. More specifically, you'll need a Bitcoin wallet. A crypto wallet is an app or a piece of software that allows you to store your crypto. In this case, you'll need a wallet that specifically supports Bitcoin (BTC) — one that allows you to send and receive Bitcoin. It shouldn't be a challenge to find a good one …
Technology / April 23, 2022
How to store Bitcoin on MetaMask?
MetaMask is a well-known wallet for Ethereum-enabled distributed applications (dApps). But can MetaMask hold Bitcoin (BTC), which remains the largest cryptocurrency? For many crypto investors, Bitcoin is an important part of their portfolio. Besides being an investment asset, Bitcoin can also be used as a payment method. Thanks to wallets such as MetaMask, paying via blockchain technology has become much easier. This Ethereum crypto wallet enables millions of investors to participate in everything the crypto market has to offer. Even though Ether (ETH) is a very popular means of payment, most people buy Bitcoin. Related: How does Bitcoin work and …
Adoption / April 26, 2022
What is the network effect?
The network effect is a phenomenon where the value of a product or service increases as more people use it. As the user base grows, there are more opportunities for interactions, which can lead to increased benefits and positive outcomes for each user. The network effect is a powerful driver of growth and adoption for many technologies and platforms, including social media, messaging apps and marketplaces. The network effect and cryptocurrencies The network effect is also a central concept in the world of cryptocurrency. In general, it means that a cryptocurrency’s value rises as more people use it. This is …
Decentralization / Feb. 19, 2023