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Industries
Fintech
Financial Services
Company Size
11-50
Company Stage
Debt Financing
Total Funding
$123.9M
Headquarters
Oakland, California
Founded
2018
PolySign provides infrastructure for institutions to manage and transact digital assets securely. The company uses a proprietary third-generation private blockchain, developed by experienced architects, to ensure high security for these assets. PolySign serves institutional clients like banks and investment firms, offering custody and transaction services that integrate with existing financial systems and comply with regulations. Unlike competitors, PolySign focuses specifically on the needs of financial institutions, ensuring security and compliance in the digital asset space. The goal is to drive the global adoption of digital assets by providing trusted solutions for institutions.
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Total Funding
$123.9M
Above
Industry Average
Funded Over
4 Rounds
Industry standards
In an effort to advance the growth and adoption of the XRP Ledger (XRPL), Ripple Labs Inc. has partnered with Frankfurt-based Tokentus Investment AG, an investment company specializing in the blockchain sector.
Recall that in May 2021, Cowen invested $25 million in PolySign, the parent company of Standard Custody.
PolySign, a leading provider of blockchain-enabled digital asset infrastructure for institutional investors, today announced the appointment of Charles (“Chuck”) Ocheret as its new Chief Technology Officer to oversee the next stage of its growth and technology development.Ocheret brings with him over 35 years of software engineering experience across the finance, multimedia, and scientific industries. He has previously run technology, architecture and development at tier one hedge funds and investment banks where he has held responsibility for algorithmic trading, program trading, index and statistical arbitrage, automated market making, order management, trade warehouses, research platforms, as well as client and market connectivity for some of the most successful and highest-volume trading operations in the world.He has presented on Distributed Ledger Technologies (DLT) and Cryptocurrencies in Financial Services to the United States House Committee on Agriculture and has served on the US Commodity Futures Trading Commission’s Technical Advisory Committee (CFTC TAC) providing recommendations around DLT, Artificial Intelligence, Cloud and Cybersecurity. He has also served on the CFTC TAC Subcommittee on DLT and Market Infrastructure.Commenting on the appointment PolySign CEO Jack McDonald said: “We’re thrilled to have Chuck join our senior leadership team as CTO of PolySign. With the various product initiatives we have underway at PolySign, Standard Custody and MG Stover, it was critical for us to find a professional of Chuck’s caliber and expertise in scaling infrastructure, coupled with his blockchain and digital asset experience.”Charles Ocheret Chief Technology Officer at PolySign said, “I’m humbled to be joining this talented team who share a brilliant vision for transforming the digital assets landscape. The most exciting projects for me are those with a large outward-facing impact on a global audience. What PolySign is doing will eliminate friction and obstacles for the digital assets industry
PolySign, a leading provider of blockchain-enabled digital asset infrastructure for institutional investors, today announced the appointment of Charles (“Chuck”) Ocheret as its new Chief Technology Officer to oversee the next stage of its growth and technology development.
MG Stover, the leading and longest tenured fund administration firm for digital assets and a subsidiary of PolySign, Inc., has won Best Administrator - Technology in Hedgeweek’s US Digital Assets Awards.
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Industries
Fintech
Financial Services
Company Size
11-50
Company Stage
Debt Financing
Total Funding
$123.9M
Headquarters
Oakland, California
Founded
2018
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