Christopher Giancarlo, former chairman of the US Commodity Futures Trading Commission (CFTC), has been appointed senior policy advisor to Sygnum, a digital asset bank based in Switzerland.
The company announced on May 27 that Giancarlo will join its 12-member Advisory Council to help guide regulatory strategy and encourage institutional adoption of crypto assets.
Known as Crypto Dad" for his pro-digital asset stance, Giancarlo will leverage his regulatory experience to help Sygnum navigate global compliance frameworks.
His appointment comes as Sygnum solidifies its position as a leader in cryptobanking, having recently achieved unicorn status after raising $58 million.
Giancarlo stated that the digital asset industry is approaching a pivotal moment in institutional adoption.