TrustToken Bolsters Executive Suite with Addition of Wall Street and Product Veterans
New hires bring decades’ worth of tech, finance, and marketplace technology experience to TrustToken’s leadership as the company scales up its DeFi lending protocol, TrueFi
SAN FRANCISCO–(BUSINESS WIRE)–#TrueFi—TrustToken, the core team responsible for building the leading unsecured lending protocol TrueFi, as well as popular stablecoins including TrueUSD, expands its C-suite with two new executives. Wall Street veteran Bill Wolf and long-time product executive Ryan Christensen will bolster the company’s pedigree with traditional finance and level up its product leadership. Their expertise will support the company as it works to expand its decentralized finance (DeFi) offering, TrueFi, to institutions on the momentum of explosive growth in 2021.
With the latest update of the institutional-grade lending protocol, TrueFi is opening to third-party asset managers and developers, who can now launch bespoke financial products on-chain. This opens the doors to hundreds of financial opportunities, both in institutional and decentralized finance, all with the support of TrustToken’s rigorous compliance and regulatory infrastructure.
To strengthen its traditional finance experience, TrustToken welcomes Bill Wolf, who joins the company as Chief Investment Officer. A Harvard Business School graduate, Bill worked as Managing Director of Goldman Sachs, HSBC, and Credit Suisse. Prior to joining TrustToken, he was the President & CEO of Lobo Leasing Ltd., a Blackstone-backed helicopter leasing and advisory service. Bill joins TrustToken to design its fund architecture and lead asset manager relationships, especially among institutions.
“I’m thrilled to be joining TrustToken,” says Bill Wolf, Chief Investment Officer of TrustToken. “The company and team are bringing a transformative vision to traditional lending, and I’m eager to put my investment banking and specialty lending experience towards building a new financial infrastructure through TrueFi.”
Joining to accelerate the adoption and sophistication of the TrueFi lending marketplace, TrustToken also welcomes Ryan Christensen to the role of Chief Product Officer, who will oversee the product management, design, and marketing departments. An MIT graduate with over 25 years worth of experience as a technologist and entrepreneur, Ryan has specialized in leading product and go-to-market teams for some of the world’s most premier B2B marketplace companies. He currently serves as a board member of Narrative I/O, with previous executive and managerial roles at AppNexus, AT&T, Zynga, and Yahoo.
“TrustToken is building the bridges between the world’s leading financial institutions, the latest fintech solutions, and the disruptive innovation happening in DeFi,” says Ryan Christensen, Chief Product Officer of TrustToken. “I couldn’t be more excited to join the TrustToken team on its mission to transform finance.”
“Building a great company takes great leaders,” says Rafael Cosman, CEO and Co-Founder of TrustToken. “We are expanding our senior management team to continue and accelerate the momentum we’ve built towards making TrueFi the new infrastructure of global lending. We’ve seen the leadership, knowledge, and network Bill and Ryan bring to the team, and are privileged to welcome them into full-time leadership roles at TrustToken.”
About TrustToken
TrustToken is building the protocol for global lending. TrustToken’s TrueFi platform brings uncollateralized lending and credit scoring on-chain, offering borrowers the highest possible capital efficiency at competitive rates, while offering lenders the broadest marketplace of financial products in DeFi. TrueFi has completed over $1B in loan originations with a perfect record of repayment, and has approximately $1B in total assets under management.
The company’s TrueCurrencies are the world’s first independently-verified, fully collateralized stablecoins, trading on top exchanges like Binance, Huobi, and OKEx, generating billions in monthly trade volume. TrueCurrency users enjoy lightning-fast transactions, the lowest transaction costs of any stablecoin, easy exchange to and from fiat currency, and obsessive customer service.
Start using TrueFi at https://truefi.io, or learn more about TrustToken products at https://trusttoken.com. To explore the many career opportunities at TrustToken, visit our Team page at https://www.trusttoken.com/about/
Contacts
Media
Ariella Kagan
ReBlonde for TrustToken
[email protected]
