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Protego Trust Bank

Regulated crypto services for institutional investors

Protego Trust Bank logo
101-200 employees
  • B2B
  • Cryptocurrency
  • Investing
  • Trading
  • Financial Services
Adams, Seattle, WA

Company mission

Protego Trust Bank's mission is to build a bridge to the digital future of financial services in order to improve economic outcomes for people worldwide.

Our take

Regulation is one of the major roadblocks preventing digital assets from entering the mainstream. Protego Trust Bank is trying to bridge this gap by offering institutional clients such as hedge funds and mutual funds regulated infrastructure, allowing for more secure access to digital assets.

That the company became a federally chartered trust bank in 2021 puts Protego in an advantageous position, particularly as institutional investors (who hold around 30% of the world’s wealth), grow more interested in cryptocurrencies.

Protego’s recruitment strategy of late reveals plenty about its intentions. As well as adding a number of legacy finance and blockchain leaders to its advisory board, the company has also welcomed a new CEO in finance veteran Ron Totaro, who previously led blockchain fintech company Tassat.

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Freddie

Company Specialist at Welcome to the Jungle

Benefits

  • Medical insurance, dental insurance, vision insurance, 401(k), and disability insurance
  • Remote work-friendly

Company values

  • Trust – It is the foundation of all we do.
  • Professionalism – Everyone in the organization - from the top to the newest hire - behaves professionally at all times. This means we: set and meet expectations, effectively listen and communicate, prioritize company over personal objectives, and are respectful, accountable, and reliable.
  • Client Success – We focus on our clients' success, because if we don't, our competitors will. We deliver first class service in a first-class way and strive to exceed expectations.
  • Teamwork – Positivity, authenticity, respect and collaboration focus individual accomplishments toward our organizational objectives, allowing us to achieve the extraordinary.
  • Ethical Ambition – We strive to obtain exceptional performance, growth and achievement for our clients, our company and ourselves while upholding the highest ethical standards.
  • Diversity – Of thought, of experience, of perspective. Collectively these make us a stronger team and help us avoid our individual blind spots.
  • Integrity – We do what is right, even if it is hard. Especially if it is hard.

Funding (1 round)

Jan 2021

$70m

SERIES A

Total funding: $70m

Leadership

Greg Gilman

(Founder & Executive Chair)

Founded private dequity and business development firms Science (2011) and Science Blockchain (2017). Co-Founder & Executive Chair of medical platform RxVantage. Board Member at Wave Financial and Mammoth Media.

Ron Totaro

(CEO, not founder)

Hired as CEO in 2022 after serving in the same role at blockchain-based technology solutions company Tassat, which launched blockchain-based B2B digital payments platform Signet. Former GM at Pitney Bowes and AOL.