• Fri, 26 Apr 2019, 12:03 AM
  • All times are UTC
  • Edition:
    International
Link copied

Former Mastercard executive joins blockchain startup tZERO

Thu, 20 Dec 2018, 10:07 am UTC

Overstock.com’s blockchain subsidiary tZero has announced the appointment of Alan Konevsky as its Chief Legal Officer (CLO).

Konevsky joins tZero from Mastercard where he served as the senior vice president, strategic initiatives and technology counsel. Before his 4-year stint at Mastercard, he was a managing director and senior counsel at Goldman Sachs in London and, before that, special counsel at Sullivan & Cromwell, an international law firm, in its London and New York offices.

“Given Alan’s vast legal experience, we believe that his insight will be a valuable asset for the problem solving required to create the next generation of capital markets,” said tZERO CEO Saum Noursalehi.

At tZero, Konevsky will lead tZero’s in-house legal team and together they will drive the company’s global regulatory initiatives, strategic transactions, product development, commercial contracts, corporate governance, investor relations, compliance, intellectual property, privacy, cybersecurity, public policy and more.

In addition, Konevsky will work closely with investors, clients and regulators on tZero’s recent Security Token Offering (STO), the company’s advisory services business and the partnership with BOX Digital Markets to launch of the world’s first S.E.C.-regulated exchange for trading security tokens.

“I am thrilled to join the tZERO team at such an exciting juncture in its history, particularly as we are working to launch one of the world’s first regulated STO exchanges. I am looking forward to working closely with policymakers, regulators, business partners and other stakeholders in our ecosystem to create more efficient and transparent capital markets with blockchain technology,” said Konevsky.

Founded in 2014, tZero aims to bring greater efficiency and transparency to capital markets through the integration of blockchain technology. It is focused on the development and commercialization of financial technology based on cryptographically-secured, decentralized ledgers.

Recently, Hong Kong-based private equity firm GSR Capital, an investor in tZero, engaged with the Overstock subsidiary to develop a smart contract token that will be utilized for an upcoming sale of cobalt. The companies intend to build an ecosystem in Asia for tokenized commodity purchase contracts that would simplify the process of identifying, purchasing and tracking the supply of rare minerals.

<Copyright © TokenPost. All Rights Reserved. >

The commenting service is available only after having logged in.
More
  • Bitcoin (BTC) $5,210.59 (-4.80%)
  • Ethereum (ETH) $154.45 (-6.79%)
  • XRP (XRP) $0.289400 (-4.18%)
  • Bitcoin Cash (BCH) $266.85 (-4.36%)
  • Litecoin (LTC) $71.25 (-2.90%)
  • Bitcoin (BTC) $5,210.59 (-4.80%)
Apr 25, 2019 (Thursday)
11:44
Sumitomo Mitsui Banking Corporation to launch services on Marco Polo blockchain
10:56
Brave rolls out new opt-in feature to reward users with BAT tokens for viewing ads
10:06
China’s FX reserve regulator to pilot blockchain-based cross-border trade finance platform
09:01
NTT’s Thai subsidiary to open innovation lab with focus on Blockchain, AI, IoT
07:07
US SEC’s FinTech Forum to discuss DLT innovations and use cases for financial markets
06:11
Crypto wallet startup Ledger secures investment from Samsung amid leadership changes
05:15
MUFG-backed Chainalysis adds support for 4 more cryptos to real-time transaction monitoring tool
04:13
Siam Commercial Bank, PTTEP complete cross-border transactions using Ripple’s technology
03:32
Samsung working on Ethereum-based blockchain, could issue own token: Report
Apr 24, 2019 (Wednesday)
11:33
Bitfury, Final Frontier launch regulated bitcoin mining fund
10:46
Liverpool FC to partner with TRON
10:02
Samsung SDS launches next version of enterprise blockchain platform ‘Nexledger’
09:06
South Korean hospital to integrate blockchain-based health data management solution
07:39
Disney in talks to acquire Bitstamp and Korbit owner Nexon: Report
06:13
University of Nevada, Reno teams up with blockchain startup Filament on smart city mobility project
05:12
Crypto exchange Coinbase shuts Chicago division
04:20
MIT and other universities team up to explore blockchain potential for management of academic credentials
03:32
Societe Generale issues €100m of covered bonds as security token on Ethereum blockchain
Apr 23, 2019 (Tuesday)
11:47
Blockchain identity startup Civic expands network with 12 automated retail partners
11:02
Binance launches decentralized exchange ‘Binance DEX’ on Binance Chain
Subscribe to the TokenPost newsletter!
Don't show me this again today.
Back to top
Copyright ⓒ TokenPost. All Rights Reserved.
PUBLISHsoft