Arca has hired three new executives according to a company release. Arca is a digital asset platform that is compliance first, aiming to enable sophisticated investors access to the fast growing digital asset industry. Arca reports that it has been building “institutional-inspired” processes as financial incumbents migrate to the inevitable digital asset future.
Arca reports that it has hired a new Chief Compliance Officer and Deputy General Counsel – Deborah Djeu. She will oversea registered and private funds at Arca. Djeu has almost 30 years of of legal and compliance experience in both traditional and digital assets. Previously, she supported digital assets businesses in the SaaS, custody, and crypto exchange trading spaces. She has also served as a regulatory attorney at both the Securities and Exchange Commission and Commodity Futures Trading Commission.
Arca has also hired Scott Helfman as Head of Communications who will oversee public relations, internal communications, partnerships, etc. Helfman was most recently Head of Public Affair for Markets at Citi responsible for communication initiatives across all sales and trading, fixed income, currencies and commodities businesses. Helfman was previously an Assistant Vice President within Deutsche Bank’s Press and Media Relations office.
Annelise Osborne is now the Head of Institutional for Arca’s innovation arm, Arca Labs. Osborne will be working with financial institutions to develop blockchain-based financial products. Osborne previously worked in the digital asset space as COO of Propellr and spent 12 years at Moody’s Investor Service running commercial real estate teams within the structured finance group.
Rayne Steinberg, CEO and co-founder of ARCA, noted that all three hires had traditional financial services experience:
“These two disparate systems are now working to become integrated with interest from both the digital asset space and the traditional finance system. It’s a perfect time to bring them into the mix.”
Jerald David, President of Arca Labs, said that financial institutions are looking for blockchain solutions to improve efficiencies and reduce costs. Due to demand, Arca nees to grow its team which is pivotal to their success.