Blockchain
Protego Trust Bank Names Ron Totaro as CEO
Protego Trust Bank N.A., a purpose-built, federally chartered trust bank (in formation) to serve the digital asset needs of institutional investors, named financial technology leader Ron Totaro as its chief executive officer.
Totaro brings more than three decades of financial services expertise building and leading fin-tech, banking, payments and blockchain companies. Most recently, he served as CEO of Tassat Group, where he led the company to become the market-leading provider of blockchain-based, real-time payment solutions enabling banks to tokenize U.S. dollar deposits and transition from legacy payment rails to blockchain technologies. The company won a 2021 Google Cloud Innovation Award.
“Ron brings a solid understanding of digital asset and blockchain technology as well as strong relationships with banking and private equity leaders,” said Greg Gilman, founder and CEO of Protego Holdings Corp. “I am looking forward to working with him to finalize the OCC approval process and launch our much-needed bank platform for institutional investors to securely custody, trade, lend and issue digital assets including cryptocurrencies.”
During his career, Totaro has served as an executive, board member and advisor to public companies, as well as private equity and venture capital-backed businesses, earning a reputation for scaling businesses while driving revenue and profit growth. As chief operating officer at ACI Worldwide, he led the transformation of the business while driving accelerated top and bottom line growth. Earlier in his career, he held leadership roles at FICO, GE Capital and American Express.
“Current market dynamics in cryptocurrencies and digital assets reinforce the need for institutional investors to have a trusted partner that shares their values, processes and desired outcomes,” said Totaro. “I’m looking forward to working alongside our expert team to deliver a full spectrum of digital asset services as a federally chartered trust bank.”
Totaro’s appointment follows recent additions to Protego Trust’s board of directors and advisory board of industry and regulatory leaders.
Blockchain
Alarum Announces Exciting Events Lineup and Welcomes Esteemed Advisor to NetNut’s Advisory Board
Blockchain
RevoluGROUP Canada Inc. Announces White Label Partnership with MONECO France
Blockchain
Australian Fintech Stables Launches International Remittances Between Australia and The Philippines
Pictured Left to Right: Erez Rachamim, Bernardo Bilotta and Daniel Li.
-
Blockchain Press Releases7 days ago
OpenStamp raises seed round led by Animoca Ventures and with participation from KuCoin Ventures and others
-
Blockchain Press Releases7 days ago
KuCoin Introduces GemVote: Empowering Community Voices in Token Listings
-
Blockchain Press Releases6 days ago
Bitcoin Halving Frenzy: Join Bybit’s Miner’s Point Plaza for a Shot at $1 Million and Witness History!
-
Blockchain6 days ago
New to The Street Announces Episode 564, Five Corporate Interviews, Airing on The Fox Business Network, Monday, March 25, 2024, at 10:30 PM PT
-
Blockchain Press Releases6 days ago
Bitget Unveils Proof of Reserves (POR) in March 2024: BTC & ETH Assets Surge by 20%
-
Blockchain6 days ago
Moondance Labs Announces $6 Million Funding to Boost Development of Tanssi Protocol
-
Blockchain Press Releases3 days ago
Bitget Wallet Partners with Over 40 Projects Including Avalanche, Taiko to Launch the BWB Ecosystem Partner Program
-
Blockchain Press Releases7 days ago
Bybit Card Now Earns Exclusive Toncoin Rewards in Latest Collaboration