Leading Decentralized Investment Banking Group Coinstreet Appoints New CTO and Senior Advisor
Leading fintech and digital asset consultancy firm Coinstreet Partners has announced that Samuel Reid and Pietro Doran have been appointed Chief Technology Officer (CTO) and Senior Advisor of the group respectively. According to the news published on PRNewswire on December 23, Reid will be responsible for everything related to the technological aspect while Doran will focus on the real estate sector.
Reinforce the Team
Coinstreet Partners is a leading fintech and digital asset consultancy firm, enabling the next generation “decentralized & fully integrated investment banks”, and building the business eco-system for the new era of token-economy. In order to realize their vision, Coinstreet has decided to appoint Samuel Reid as CTO.
Samuel is was already part of the Coinstreet group as co-founder and CEO of DFINI, a subsidiary of the company focused on developing solutions for decentralized finance. In addition, Samuel was Chief Blockchain Engineer of the Gibraltar Blockchain Exchange and actively worked on IOTA as Head of Space and Qubic architect.
Thanks to these experiences Samuel was considered the ideal candidate to guide Coinstreet through the next phase of technological transformation explains Samson Lee, Founder & CEO of Coinstreet. Its goal is to transform the company into an engineering organization leader in the implementation of distributed ledger technologies in various sectors including token finance consultancy, digital asset & wealth management, tokenization, and decentralized finance.
Pioneer in the Tokenization of Real Estate
Together with Samuel, Coinstreet has appointed Pietro Doran as Senior Advisor. Pietro has more than 30 years of experience in the real estate market in companies including Morgan Stanley and Gale International Korea and is concurrently CEO of Hancom Dreamtec and Managing Partner of First Rock Associates Asia.
His job at Coinstreet will be to facilitate the adoption of blockchain technology for the tokenization of real estate. According to Pietro, STOs will play a key role in the development of this market which is currently valued at $ 228 trillion USD. Coinstreet expects tokenization to reach something like 10 percent of world GDP over the next decade, and therefore aims to gain a competitive advantage by placing itself among the first companies in the market to offer these new services.
Amongst the products already available or in development there is a global STO alliance network, The STO Lab, in collaboration with regulated market operators and licensed broker-dealers from major financial markets worldwide and a back-end system for asset tokenization and trading solution – STO Global-X, which recently integrated Ledger Vault’s digital asset custody solution.