Ex-Binance dealmaker joins Hilbert Group to launch tokenized funds platform
Ryan Horn, a former executive at Binance, has joined the advisory board of Hilbert Group, a Sweden-based digital asset manager, to assist in launching Syntetika, an onchain platform for tokenized funds. Horn's prior experience includes securing partnerships like the one with football star Cristiano Ronaldo. Hilbert Group specializes in crypto-focused investment products for institutional investors, employing algorithmic trading strategies and regulated oversight. Syntetika aims to issue and trade tokenized funds while integrating a zero-knowledge system to ensure user privacy. As traditional finance increasingly explores Web3 and tokenization, firms like Goldman Sachs and BNY Mellon have announced plans to provide institutional clients with tokenized money market funds. Additionally, recent efforts by various platforms to launch tokenized stock trading highlight the movement toward merging traditional assets with blockchain technology. The regulatory frameworks in the U.S. and Europe are becoming clearer, promoting such initiatives.
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