Bosonic Names Nabi Chief Revenue Officer

Digital assets settlement and clearing technology provider Bosonic has named Jason Nabi to the newly-created position of chief revenue officer. He will report to Bosonic CEO Rosario Ingargiola and is charged with spearheading growth and global expansion.

Aside from a brief advisory spell at Arqit, Nabi was last group head of strategy and M&A at Euroclear, a post he held for nine months as the firm sought to build partnerships in the digital assets space. Before that he held several advisory roles for two years after leaving HSBC, where he spent just over a year as global head of innovation for the bank’s Securities Services division.

Prior to that he spent almost two years at Paxos as global head of business development and head of EMEA, having joined from a just over two-year stint at Societe Generale, where he was global head of broker dealer services. Nabi also had 18-month spells at Markit and BNY Mellon, prior to which he spent seven years at BNP Paribas Securities Services. He helped launch the Post-Trade Distribution Ledger (PTDL) working group and the Global Blockchain Business Council (GBBC) and has been a board member of the International Securities Services Association (ISSA).

“Jason is a key addition to the executive team as we scale-up our business and respond to growing demand from institutional clients who want to eliminate counterparty credit and settlement risk,” says Ingargiola. “His presence and connectivity in London give us a stronghold to add new clients and partners to our network, as well as building our team and presence across Europe and Asia.”

Nabi adds, “Bosonic has built a unique dFMI capability that brings institutional investors and traders, digital asset custodians, exchanges and market makers together on its network and in doing so, solves for counterparty credit and settlement risks in both the transaction and post-trade layers. It also enables digital assets to remain at the custodian and Bosonic is not in conflict with our clients, as we do not make markets or act as a broker, but we aggregate the best liquidity via our best-in-class trading application.

“The institutional market needs to move away from the antiquated model of utilising balance sheets and inherent counterparty credit and settlement risk,” he continues. “Bosonic has built a unique and patented solution that defines a new era across digital assets.”