Crypto Investment Firm Coinstreet Announces Two Senior Appointmentsbr>
Coinstreet, a decentralized investment banking group and digital asset consultancy firm, has named Samuel Reid as Group Chief Technology Officer (CTO) and Pietro Doran as Senior Advisor of the group.
Coinstreet offers a one-stop solution and end-to-end service for asset tokenization, tokenized securities, digital assets, securities token offerings (STO) and stablecoins. The firm is building a global STO business alliance network, THE STO LAB, in collaboration with regulated market operators and licensed broker dealers from major financial markets worldwide.
Reid is a mathematician, inventor, and business executive, and currently serves on the Signature Technology Consultation Committee of the Canadian Space Agency. He is also co-founder and CEO of DFINI, a subsidiary of Coinstreet that specializes in providing technology solutions in the decentralized finance (DeFi) sector. Previously, he was Chief Blockchain Engineer of the Gibraltar Blockchain Exchange, Qubic Architect and Head of Space of the IOTA Foundation, and CEO of Clean Crude Corporation.
As Coinstreet’s new CTO, Reid will be responsible for all aspects of the global technology organization, including infrastructure, business applications, security, product engineering and architecture. He will leverage his experience to transform Coinstreet into an engineering organization that implements a distributed ledger technology (DLT) architecture, and establish a software engineering culture based on agile project practices.
“Coinstreet is at a critical point in its technological evolution and it is my great pleasure to facilitate its continuing success into the future,” said Reid. “I’m excited about the opportunity to ensure Coinstreet is able to realize its vision and deliver core values to its business partners and clients.”
According to Coinstreet, the company also appointed Pietro Doran as Senior Advisor to help them enter the real estate tokenization business. Doran, who has over 30 years’ Real Estate industry experience, is concurrently CEO of Hancom Dreamtec and Managing Partner of First Rock Associates Asia. Previously he was a senior investment advisor at Morgan Stanley Real Estate Fund, and President of Morgan Stanley Properties Korea. Doran served as a founding partner, Managing Director and Senior Investment Officer for the New Songdo City development (a $24 billion USD project), and Managing Partner and Chief Investment Officer for Gale International Korea.
“Real estate tokenization is a great use case for STOs. The key to success is a true convergence between traditional domain expertise from the real estate industry, with best practices in tokenization and blockchain technology,” said Samson Lee, Founder & CEO of Coinstreet. “We believe our collaboration with Mr. Doran will result in a big leap with such a convergence.”
Doran said that the real estate industry over the past 20 years has become a vastly more complex and institutionally dominated global investment arena.
“This is the next logical step in the convergence of technology and real estate,” Doran said. “The adoption of STOs within the real estate industry is an evolutionary transition rather than a disruptive event,” said Pietro. “Coinstreet is fast establishing itself as not just a pioneer in this new field, but a market leader. I am very proud and honored to be a part of that vision.”