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 digital asset manager based in Sweden, to assist in the development of Syntetika, a platform for tokenized assets and funds. Horn is recognized for driving significant partnerships at Binance, which include collaborations with high-profile figures such as Cristiano Ronaldo. Hilbert Group specializes in managing crypto-focused investment funds for institutional investors, utilizing algorithmic trading strategies that incorporate regulatory oversight. The Syntetika platform aims to provide a framework for issuing and trading tokenized funds, implementing a zero-knowledge verification system to protect user privacy while granting them access to Hilbert's investment strategies. The growth in regulatory clarity in the U.S. and Europe is prompting traditional finance companies to engage in Web3 tokenization, as seen with major institutions like Goldman Sachs and BNY Mellon planning to introduce tokenized money market funds. Recent developments also indicate a wider adoption of tokenized financial products among both crypto-native and traditional finance firms.
Source đź”—