Bosonic Appoints Jason Nabi as Its Chief Revenue Officer

Bosonic, a California-based crypto company, has announced the appointment of Jason Nabi to Chief Revenue Officer. This is a new position that Bosonic has created recently. Nabi will be responsible for spearheading the company’s growth and overseeing its global expansion. The hiring comes at an important time when the company’s demand for its unique solutions to eliminate counterparty credit and settlement Settlement Settlement in finance refers to the process when a buyer makes payment and receives the agreed-upon services or goods. The term is used on exchanges such as New York Stock Exchange (NYSE) when security changes hands. When the asset is transferred and placed in the new buyer's name, it is considered settled. This process could take a few hours or several days after a trade is made. It depends on the clearance process. In the United States, the settlement date for marketable stocks is usually 2 Settlement in finance refers to the process when a buyer makes payment and receives the agreed-upon services or goods. The term is used on exchanges such as New York Stock Exchange (NYSE) when security changes hands. When the asset is transferred and placed in the new buyer's name, it is considered settled. This process could take a few hours or several days after a trade is made. It depends on the clearance process. In the United States, the settlement date for marketable stocks is usually 2 Read this Term risk grows from institutional market players.

Since Nabi has worked across both fintech firms and traditional financial companies, he brings a wealth of experience from diverse capital markets in leading revenue growth and go-to-market hunt. He has a demonstrated track record of scaling and building businesses.

Nabi had performed various senior leading roles focused on the digital asset market with the likes of Paxos, HSBC, and Euroclear, among others. Furthermore, he led business expansion and growth at BNP Paribas and Bloomberg. Additionally, he assisted with launching the Global Blockchain Business Council (GBBC) and the Post-Trade Distribution Ledger (PTDL) working group. Besides that, he has been a Board Member of the International Securities Services Association (ISSA). He has helped scale-up businesses, advised fintech startups and is a regular speaker on the topic of digitalization of capital markets.

Bosonic Is Committed to Gain Market Share

The development of Bosonic comes at a time when the company is focusing on its business growth. In August last year, the company raised $2 million in a funding round led by DMG Blockchain Solutions. Bosonic used the funding to drive the institutional adoption of cryptocurrencies Cryptocurrencies By using cryptography, virtual currencies, known as cryptocurrencies, are nearly counterfeit-proof digital currencies that are built on blockchain technology. Comprised of decentralized networks, blockchain technology is not overseen by a central authority.Therefore, cryptocurrencies function in a decentralized nature which theoretically makes them immune to government interference. The term, cryptocurrency derives from the origin of the encryption techniques that are employed to secure the netw By using cryptography, virtual currencies, known as cryptocurrencies, are nearly counterfeit-proof digital currencies that are built on blockchain technology. Comprised of decentralized networks, blockchain technology is not overseen by a central authority.Therefore, cryptocurrencies function in a decentralized nature which theoretically makes them immune to government interference. The term, cryptocurrency derives from the origin of the encryption techniques that are employed to secure the netw Read this Term. Moreover, the company used the capital in developing its primary technology infrastructure as well as institutional exchange and the layer-2 blockchain-powered clearing and settlement solutions designed to eliminate counterparty credit and settlement risks. Established in 2016, Bosonic is one of the major technology firms that offer the infrastructure to eliminate counterparty credit and settlement risk in digital asset markets. The company has over 60 members, including major custodians and exchanges. Last year, Bosonic witnessed significant growth because of a rapid rise in demand for crypto-related services.