Decrypting the Hype: Cryptocurrency and Tokenized Assets

Recorded On: 04/07/2021

Industry buzz regarding Cryptocurrency and Tokenized Assets abounds.  In this installment of the Reality Behind Buzzwords series, we will discuss the opportunities and challenges for the asset management and financial services industries. Expert panelists will explore issues around regulatory, risk, data security, and tax considerations. Join us to take a deeper dive into the implications for traditional asset servicers in terms of accounting, custody, record-keeping, safekeeping, and regulatory reporting. Discover the growth opportunities over the next 2-5 years, and explore what it means for related technologies such as distributed ledger, and the implications to financial services as we know them. 

Learning objectives:

  • Regulatory landscape
  • Risk considerations
  • Related technologies (e.g. distributed ledger)
  • Potential impact to reconciliation, trading, collateral, and liquidity services



CPE INFORMATION: Nicsa is pleased to offer this webinar learning activity to attendees who are seeking CPE credits. 1 CPE unit may be available for attendees of this webinar. The webinar requires no advanced preparation, no pre-requisite study and is appropriate for all who have a basic understanding of the investment management industry.

Nicsa is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.learningmarket.org.

CPEs Earned: 1 

CPE Field of Study: Specialized Knowledge 

Program Level: Basic 

Delivery Method: Group-Internet Based 

Advanced Preparation: None 

CANCELLATIONS AND REFUNDS: Due to this program being offered free of charge, there will be no refunds issued. Questions or Cancellations: Please contact Jordan DeBettencourt at 508.683.1618.

Andrew Beal (Moderator)

Senior Manager, Blockchain Strategy Lead

EY

Andrew Beal is the West Coast Lead for EY’s Blockchain Practice, based in  San Francisco.

Andrew has been a member of EY’s Blockchain Practice since it’s inception in 2016, and has worked with clients across financial services, healthcare, life sciences, real estate and manufacturing.

Andrew also co-leads EY’s Digital Asset Research Center, a dedicated team of specialists that support virtual currency exchanges, custodians, protocol teams and decentralized finance projects on a wide range of governance, process, regulatory and technical matters.

Prior to joining EY, Andrew was one of the first attorneys representing cryptocurrency companies. From 2012 – 2016, Andrew advised clients on a wide range of corporate and regulatory matters, including anti-money laundering and know-your-customer compliance, state money transmitter licensing, and some of the first Initial Coin Offerings (ICOs). His clients included leading global exchanges, protocol teams, and cryptocurrency payment processors.

He is a frequent speaker on topics related to blockchain technology and cryptocurrency, and has presented to State and Federal regulators, state bar associations, and compliance organizations.

Andrew is a licensed attorney in the State of California.

Talia Klein

Director, Custody Commercial Product Management

BNY Mellon

Talia Klein is a Director on the Custody Commercial Product Management team at BNY Mellon. She leads the firm’s efforts around the commercialization of custody and tokenization of digital assets. She joined BNY Mellon in October 2020 from Digital Asset Holdings, where she was a Product Manager supporting the fintech’s efforts in bringing blockchain and smart contract technology to some of the largest financial institutions in the world. She was responsible for leading the relationship with Broadridge to bring their Distributed Ledger Repo product to production. Prior to joining digital asset, Talia spent six years at J.P. Morgan in a variety of roles, most recently designing and developing the firm’s cross-line of business collateral eligibility service, the first cloud-based client-facing application within the Investment Bank’s Margin and Collateral Services. Talia holds a Bachelor of Arts in psychology from Barnard College at Columbia University and an MBA from Duke University’s Fuqua School of Business. She is proud to be named as an inventor on two pending patent applications.

Rayne Steinberg

Founder & CEO

Arca

Rayne Steinberg is Chief Executive Officer at Arca. In his role, Rayne leads the overall direction of the company and is responsible for securities structuring and risk management. Rayne has a 20-year history of financial and entrepreneurial success founding, overseeing and managing financial businesses.

Prior to founding Arca, Rayne co-founded asset management company, WisdomTree. There, he was responsible for raising capital, creating intellectual property and building and overseeing the sales team responsible for raising $50 billion in ETF AUM. Rayne holds a Bachelor of Science Degree in Economics from the Wharton School of Business.

Justin Chapman

EVP Global Head of Market Advocacy & Innovation Research - Enterprise

Northern Trust Company

Greg Xethalis

Partner

Chapman and Cutler

Greg Xethalis is a partner in Chapman's Corporate and Securities Department and a member of the firm's Investment Management Group. He represents clients in financial services and emerging technology matters.

Greg counsels clients in the investment management, corporate, and digital asset/blockchain ecosystems. His representation of clients in the digital asset space has included registered and private fund sponsors, operators of digital asset trading, lending and custody platforms, bitcoin mining companies, clients developing tokenized platforms, and entrepreneurs and institutional clients experimenting with blockchain/DLT projects. He also counsels clients in developing ventures and building consortia to leverage blockchain technology in existing and new frameworks. Greg is a frequent speaker on developing regulatory issues relating to bitcoin, ethereum, and the adoption of distributed ledger technology.

Greg also advises investment advisers and boards of exchange-traded fund (ETF) and mutual fund platforms in matters including fund formation, registration of shares with the Securities and Exchange Commission (SEC), and ongoing compliance matters. He represents sponsors of exchange-traded commodities (ETC) and advisers to private funds.

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04/07/2021 at 12:00 PM (EDT)   |  60 minutes
04/07/2021 at 12:00 PM (EDT)   |  60 minutes
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