Former Chair of the U.S. Commodity Futures Trading Commission (CFTC) Chris Giancarlo has joined the cryptocurrency bank Sygnum as a Senior Policy Advisor. In his new role, Giancarlo will assist the company in forming strategic partnerships, developing infrastructure, and establishing connections between the traditional financial system and the crypto market.
This is reported by Finway
In a company statement, Giancarlo expressed his satisfaction in becoming part of Sygnum at a time when the global digital asset industry is reaching a tipping point of institutional acceptance. He said:
“I am pleased to join Sygnum as a Senior Policy Advisor at a moment when the global digital asset industry is approaching a tipping point of institutional acceptance. I look forward to the opportunity to share my insights […] and contribute to the group’s mission – to build new regulated bridges between the traditional and crypto economies on a global scale.”
Giancarlo’s experience, which includes a deep understanding of regulation and financial markets, as well as connections in government and private sectors, is considered particularly valuable for the further development of Sygnum. Matthias Imbach, co-founder and CEO of Sygnum, emphasized that Giancarlo’s vision aligns with the company’s mission to build a regulated bridge between the traditional and crypto economies.
It is worth noting that in early 2025, Sygnum achieved unicorn status with a post-investment valuation of over $1 billion, following the raising of $58 million during a “strategic growth round.”