Equiti Group welcomed Navin Dsouza as the new Chief Operating Officer for Digital Assets and Gold. Dsouza disclosed on LinkedIn today (Wednesday) that he will be taking on the new role based in Dubai, the United Arab Emirates.

Experience in Blockchain Technology

Dsouza joined from ComTech Gold, a company he co-founded to focus on the digitization of gold using Blockchain Blockchain Blockchain comprises a digital network of blocks with a comprehensive ledger of transactions made in a cryptocurrency such as Bitcoin or other altcoins.One of the signature features of blockchain is that it is maintained across more than one computer. The ledger can be public or private (permissioned). In this sense, blockchain is immune to the manipulation of data, making it not only open but verifiable. Because a blockchain is stored across a network of computers, it is very difficult to tamp Blockchain comprises a digital network of blocks with a comprehensive ledger of transactions made in a cryptocurrency such as Bitcoin or other altcoins.One of the signature features of blockchain is that it is maintained across more than one computer. The ledger can be public or private (permissioned). In this sense, blockchain is immune to the manipulation of data, making it not only open but verifiable. Because a blockchain is stored across a network of computers, it is very difficult to tamp Read this Term technology. He has been with the company for nearly 3 years, serving as the CEO and later as the Advisor.

“New Year—New Beginning. I’m starting a new position as Chief Operating Officer—Digital Assets & Gold at Equiti Group!” Dsouza wrote on his LinkedIn profile.

Prior to this, Dsouza was the Head of Special Projects at Dubai Financial Market. He also held other roles at DFM, including serving as the Senior Vice President for Post Trade Operations and Head of Risk Management, and Vice President for Clearing 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 and Depository. His career background also includes roles at Deutsche Bank and at the National Stock Exchange of India.

Other Recent Changes

In another significant executive move, Equiti Group boosted its executive team by onboarding Sophie Squillacioti as the Director of Sales for Asia-Pacific (APAC) last year. Squillacioti, with over 20 years of industry experience, joined the firm’s Dubai offices of the financial services company.

Squillacioti is a seasoned expert in Asian operations for brokers, having served for several renowned brands. Before joining Equiti, she was the Head of Asia at INFINOX Global. Other roles include serving as the Head of Asia at the Shanghai offices of BDSwiss.

Meanwhile, Equiti Capital UK Limited, the FCA-regulated arm of Equiti Group, reported strong trading revenue and operating profit in 2023. The company’s comprehensive income increased more than 30% compared to the previous year.

The financial report showed that the company’s trading revenue for 2023 was more than $31 million, compared to $30.5 million in the previous year. Operational profit was $1.9 million, a boost from the prior year.