The Association for Digital Asset Markets (ADAM) today announced the appointment of Jeffrey Blockinger as its first Chief Executive Officer.
Blockinger plans to broaden and deepen ADAM’s role in fostering fair and efficient digital asset markets where participants can transact with confidence, according to ADAM.
Blockinger is a leader in developing best practices for the alternative investment fund industry, widely-respected for his advocacy with regulators and other key market participants on behalf of entrepreneurial asset managers, the firm said in its statement.
He brings more than 20 years of experience structuring investment advisers, investment funds and broker-dealers while protecting their firms from legal risk to his new role.
Blockinger built out a global legal and compliance department as chief legal officer for Och-Ziff Capital Management Group and developed the firm’s internal controls for financial and regulatory reporting and corporate governance ahead of its initial public offering in 2007, one of the first in the alternative investment fund industry.
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Guidance for asset managers
“Jeff’s extensive experience in guiding traditional and alternative asset managers through periods of momentous change is a major asset for ADAM’s overall mission,” said Richard Rosenblum, co-founder and head of markets at GSR, an ADAM founding member.
“His long history of success in creating, managing and influencing sophisticated coalitions of internal and external stakeholders during times of great change is crucial to achieving our goal of creating a stronger, safer ecosystem as we continue to grow our membership,” Rosenblum added.
Mark Schonfeld, former director of the SEC’s New York Regional office, and now a partner at Gibson, Dunn & Crutcher LLP said that Blockinger’s keen judgement and insight, combined with relationships across the financial sector, will position ADAM to take the digital asset industry to the next level in creating a robust marketplace.
“The digital asset industry has reached an historic inflection point as cryptocurrencies, digital securities and other digital innovations transform the financial markets. ADAM plays a leading role in paving the way for continued growth and acceptance by traditional financial market participants. I look forward to expanding our leadership role in shaping the future of the digital assets markets by building consensus for the entire industry,” Blockinger said.
ADAM works with leading financial firms, entrepreneurs, and regulators to develop the standards, best practices and infrastructure that facilitate safe, secure and efficient digital asset markets. ADAM’s Code of Conduct promotes integrity, fairness, and efficiency, bringing much of the rigor and structure displayed in traditional financial markets. The association was founded in 2018 and includes traditional trading powerhouses and prominent members of the digital asset ecosystem.