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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.
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.
Freddie
Company Specialist at Welcome to the Jungle
Jan 2021
$70m
SERIES A
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.