Blockchangers Blog

Weekly Wrap Up #40

Quote of the week:  “Many central banks are looking at digital currencies and working to apply this technology to the local markets and determine the longer-term impact on global payment systems… There is also significant focus on cryptocurrencies like Bitcoin where the trajectory is less clear as market participants evaluate their possibility as a store of value.” – David Solomon, Goldman Sachs CEO. Source: https://finance.yahoo.com/news/wall-streets-top-execs-are-increasingly-embracing-blockchain-technology-124121110.html

Coinbase NFT Marketplace Now Live: Coinbase released the beta iteration of its NFT marketplace. The exchange is putting a social media spin on Ethereum-based NFT trading and is now allowing a select group of users from a waitlist of 3 million to use the platform for the first time. Source: https://www.coindesk.com/business/2022/04/20/coinbase-nft-marketplace-goes-live-can-it-rival-opensea/

NBA and NFTs:  The NBA launched 18,000 Ethereum-based Playoff NFTs. There will be 75 NFTs of each player from the NBA 2022 playoffs; the collection is called The Association.  Source:  https://www.fxempire.com/news/article/the-nba-to-launch-18000-ethereum-based-playoff-nfts-today-972925

Blockchain.com Plans for IPO: In March, in a funding round, Blockchain.com stated that the company was valued at about $14 billion. The company is currently interviewing banks for an initial public offering, and in a private discussion the company revealed that the IPO might not happen until next year, but plans may change. Source:  https://finance.yahoo.com/news/crypto-firm-blockchain-com-planning-024332101.html

Hyundai Will Be the First Automaker to Enter the NFT Market:  Hyundai partnered with Meta Kongz NFT brand to create its own set of NFTs and release their universe concept film titled “Metamobility Universe” in the coming future. Source: https://www.fxempire.com/news/article/hyundai-to-become-the-first-automaker-to-enter-the-nft-market-971361

Biden Announces Former Ripple Advisor as His Pick for Fed Vice Chair for Supervision:  Biden has announced that he intends to nominate former Ripple advisor, former Obama administration official, and law professor Michael Barr as the Central Bank’s Vice Chair for Supervision. Mr. Barr is considered a consumer-friendly advocate for aggressive financial oversight. Given Mr. Barr’s ties to cryptocurrency company Ripple, this nomination may be good for the cryptocurrency community. Sources:  https://techcrunch.com/2021/03/05/how-the-biden-administration-is-approaching-crypto-regulations/

https://decrypt.co/97968/biden-tap-former-ripple-advisor-vice-chair-fed

And, that’s a wrap!

Jordana Cohen,

Associate

Alpha Sigma Capital

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Alpha Sigma Capital
Daniel Siciliano

F. Daniel Siciliano is an Independent Director of the Federal Home Loan Bank of San Francisco and Chair of the American Immigration Council. He is the former faculty director of the Rock Center for Corporate Governance at Stanford University and former Professor of the Practice and Associate Dean at Stanford Law School. His work has included expert testimony in front of both the U.S. Senate and the House of Representatives and for 2009, 2010, and 2011, alongside leading academics and business leaders such as Ben Bernanke, Paul Krugman, and Carl Icahn, Professor Siciliano was named to the “Directorship 100” – a list of the most influential people in corporate governance.

Siciliano was also co-founder, CEO and ultimately Executive Chairman of LawLogix Group, Inc. – a global software technology company named 9 consecutive times to the Inc. 500/5000, several times ranked as one of the Top 100 fastest-growing private software companies in the US and named to the US Hispanic Business 500 (largest) and Hispanic Business 100 (fastest growing) lists for 2010 and 2011. In 2012 he sold a majority stake of the company to PNC Riverarch Capital, continued as Executive Chairman, and led the sale of the company to Hyland Software/Thoma Bravo in 2015.

Siciliano is a co-founder and board member of the Silicon Valley Directors’ Exchange (SVDX), Chairman of the national non-partisan American Immigration Council, past-President of the League of United Latin American Citizens (LULAC) Council #1057, and an active member of the Latino Corporate Directors’ Association.


Siciliano’s related areas of expertise include executive compensation, corporate compliance, the legal and social impact of autonomous (AI/robotic) systems, and corporate technology strategy and security. He has served as a governance consultant and trainer to the Board of Directors of dozens of Fortune 1000 companies (including Google, Microsoft, Fedex, Disney, Entergy and Applied Materials), is an angel investor and consultant to several firms and companies in Silicon Valley, Hong Kong, India, and Latin America, and currently serves as an independent director on the board of the Federal Home Loan Bank of San Francisco. He lives in Los Altos, California.