Blockchain
Hashdex Names Crypto ETP and ETF Leader Laurent Kssis Managing Director and Head of Europe
Hashdex, a leading global crypto-focused asset manager, today announced the appointment of Laurent Kssis as Managing Director and Head of Europe. Mr. Kssis will spearhead Hashdex’s European expansion as part of the firm’s ongoing efforts to help investors around the world better understand and gain a diversified exposure to the crypto asset class. To support the continental expansion, Hashdex continues to actively hire new members across London, Zurich, Paris, and Lisbon.
Mr. Kssis brings to Hashdex an extensive set of skills in crypto asset management and European crypto exchange-traded products (“ETPs”), as well as two decades of proven experience in Delta One trading and in the exchange-traded fund (“ETF”) market. Mr. Kssis most recently served as Managing Director and Global Head of ETPs at Swiss issuer 21Shares, where he listed more than 25 crypto ETPs across several European regulated exchanges – which were world and European firsts. In that time, Mr. Kssis actively contributed to the raise in assets under management from roughly $20 million to $1.75 billion. He also served on the issuer’s board of directors, where he was instrumental in developing and lobbying for innovative single tracker product launches for its European expansion.
“As a true pioneer in the European crypto fund management space, Laurent’s deep, extensive knowledge and practical experience will be undisputed assets to Hashdex and strengthen our leadership team,” said Marcelo Sampaio, Co-Founder & CEO of Hashdex. “His background in crypto exchange-traded products, particularly in Switzerland – which has become the leading venue for listing crypto ETPs – will be invaluable in supporting Hashdex as we accelerate our international reach, expand our global footprint with innovative institutional-grade products and services, and build pathways to connect Swiss and European investors to the crypto economy. We are honoured to have him join our team.”
“Having spent years working on Exchange Traded Products and ETFs, and seeing this industry mature to institutional levels with trillions in assets, we are witnessing unprecedented demand for exchange traded crypto products. I am invigorated at the prospect of driving Hashdex’s strategic vision into Europe,” said Laurent Kssis. “Following Hashdex’s launches of the world’s first crypto index ETF, the Hashdex Nasdaq Crypto Index ETF (HASH11) and the recent DeFi ETF (DEFI11), I am confident that we can further create innovative yet simple, cost-effective and secure products that meet the needs of the European investors who are constantly asking for better diversified strategies. I look forward to developing the firm’s talented team to new levels as we bring compelling crypto investment strategies to institutional, private wealth and global family office investors across Europe.”
Prior to joining 21Shares, Mr. Kssis was CEO of the Swedish based crypto issuer XBT Provider AB, now a CoinShares company, where in 2017 he oversaw the first European Ether ETP listing, which raised $400 million within weeks of launching. Before that, Mr. Kssis had more than 15 years of combined ETF experience with leading firms such as Labranche, Bluefin and Societe Generale. He was also actively involved in the primary and secondary capital markets, where he served with many European ETF issuers including Lyxor and IndeXchange (now Blackrock). In 2015, he oversaw Coinsilium group in becoming the first blockchain venture company to IPO on the UK stock exchange, where he was subsequently appointed Non Executive Chairman. Mr. Kssis recently stepped down after 3 years as board member of Swedish Index Provider Vinter Co., raising $3.4 million in its latest fundraise in 2021. He holds an accredited post graduate Financial Times Non-Executive Director Diploma and a BSc Honours degree in Mathematics from City University, London.
Today’s announcement builds on Hashdex’s ongoing international expansion and position as a global pioneer in crypto asset management. The firm recently launched DEFI11, the world’s first decentralized finance ETF, and accelerated its U.S. expansion through the appointments of Matthew Flood as Head of Business Development-U.S. and Jack Song as Head of Corporate Communications and Chief of Staff-U.S. Hashdex is an exclusive partner of Nasdaq and co-developed the Nasdaq Crypto Index™ (NCI™), which benchmarks the institutionally investable crypto market. The firm also holds an exclusive partnership with Victory Capital, focusing on distributing products in the U.S. that follow the NCI™. Hashdex continues to hit major milestones as part of its mission to accelerate the development of the crypto ecosystem by empowering global participation through building products that provide diversified exposure.
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- Prosperity or catastrophe: #Insurance2040 study reveals four possible futures for the industry
By 2040, technological innovation driven by customer centricity could pave the way to greater climate resilience and more personalized offerings by the insurance industry. Alternatively, insurance could become a luxury afforded only to the wealthiest few. - Cardinal Health announces two strategic additions to its portfolio
Cardinal Health will acquire a majority stake in GI Alliance (GIA), the country’s leading gastroenterology (GI) management services organization (MSO), from a combination of GIA physician owners and funds managed by affiliates of Apollo. Cardinal Health will also acquire the Advanced Diabetes Supply Group (ADSG), one of the country’s leading diabetic medical supplies providers, for approximately $1.1 billion in cash. - BlackRock Launches New BUIDL Share Classes Across Multiple Blockchains to Expand Access and Potential of BUIDL Ecosystem
This initiative represents the next step in the evolution of the tokenization market, by enabling BUIDL to be used within leading blockchain-based financial products and infrastructure across ecosystems. - Primo Brands Corporation Announces Successful Completion of Merger of Primo Water and BlueTriton Brands
“I believe Primo Brands is positioned to be a leader in the healthy hydration beverage category, thanks to the strength of its iconic, sustainably-sourced brands, its robust operations and extensive North American network, and its responsible operation of numerous springs across the country,” said Dean Metropoulos, Non-Executive Chairman of the Board of Directors of Primo Brands. - Jackson Hewitt Tax Services Expands Workforce, Offering Job Opportunities Nationwide for Upcoming Tax Filing Season
The week-long event will launch the combined hiring of 18,000 employees to prepare for the upcoming tax filing season. The Jackson Hewitt hiring events are open to the public and include on-site interviews. Qualified candidates could receive a job offer immediately. - PNC Bank to Double Planned Branch Openings to More Than 200 Across Six States This announcement brings the bank’s total investment to approximately $1.5 billion to open more than 200 new branch locations in 12 cities across the U.S. over the next five years, while completing the renovations of 1,400 existing branches during the same time period.
- Alchemy Pay Expands Virtual Card Functionality with Google Pay Support The new card BINs added will significantly enhance the capabilities of crypto cards, expanding their support for a broader range of payment scenarios and improving transaction success rates. This advancement is particularly impactful when paired with Google Pay, one of the most popular and widely used digital payment platforms, trusted by millions for its convenience and security.
- Finaya Unveils Nationwide Homeownership Platform
From providing rich and current information about home values and property conditions, to finding helpful repair and remodeling providers, to shopping for and securing the right insurance, the platform simplifies the homeownership process, making it more accessible, convenient and efficient. - GenAI predicted to inspire revenue growth in 76% of businesses, but only 4% qualify as “leaders” in AI and analytics
Kearney’s report confirms that businesses are not only aware of how big data, AI, and analytics will impact revenue generation and enhance business strategies, but they are investing to stay ahead of the curve, too. - GameAbove Sports Acquires Meaningful Ownership Stake in Brisbane Bullets with NBA Legend George Gervin as Part of Ownership Team
This move marks a significant milestone for GameAbove Sports, a CapStone Holdings Inc. company, as it expands its influence on international basketball ahead of the Brisbane 2032 Olympics. - Most US shoppers are encountering generative AI while shopping without realizing it
A survey of 700 online shoppers in the US shows 71% are unaware of having used generative AI while shopping online even though most had recently shopped at retailers currently using it. 41% of customers say they would feel comfortable using a generative AI tool from a brand they trust.
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