Blockchain Startup Tassat Appoints Krishna Prasad As CEObr>
Blockchain company Tassat has appointed Krishna Prasad as its new Chief Executive Officer (CEO). Prasad replaces former CEO Thomas Kim, who recently departed the firm.
Based in New York, Tassat provides blockchain-based technology solutions for digital payments and digital exchange businesses. The company has delivered the first blockchain-based digital payments platform approved by the NYDFS that has transacted significant volume to date. Tassat’s digital technology ecosystem also includes a CFTC-regulated crypto derivatives exchange and a comprehensive benchmark for bitcoin and ether.
Prasad brings in a vast knowledge in the areas of intersection of finance and technology. Prasad was the founder of Kavery Advisors, a consulting firm primarily focused on private equity and venture investments for Financial Services & FinTech in India. The roles he has held in the past include: Head of Alternative Investment Products at TIAA, Head of Alternative Investments at BBVA, Co-Head of Institutional Services at Morgan Stanley, and Head of Operations for Deutsche Asset Management. Prasad was Partner & COO at S3 Partners, a startup that provided portfolio financing & data analytics to investment firms.
As Tassat’s new CEO, Prasad will be responsible for driving the company’s progress in its digital payments and digital exchange businesses leveraging his expertise in operational leadership, commercialization, product management, and investments.
“Krishna brings institutional and entrepreneurial leadership that will be pivotal as we embark on our next stage of growth,” said Kevin Greene, Senior Board Member of Tassat. “Over the last year, Tassat has built significant momentum, especially in payments and settlement. We’re looking to him to accelerate the Company’s progress, as we build two significant businesses in digital payments and digital exchange.”
“Tassat is among those select few companies that can deliver impactful solutions to the digital payment and digital exchange markets,” Prasad said. “It has a great team and I am joining at an exciting time in the company’s development. I am looking forward to helping the firm secure its place as an innovator in its focused areas within the digital ecosystem.”