{"id":47956,"date":"2021-08-19T16:02:54","date_gmt":"2021-08-19T13:02:54","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=47956"},"modified":"2025-09-01T23:52:49","modified_gmt":"2025-09-01T20:52:49","slug":"former-sec-chief-joins-fireblocks-as-adviser","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/former-sec-chief-joins-fireblocks-as-adviser\/","title":{"rendered":"Former SEC chief joins Fireblocks as adviser"},"content":{"rendered":"<p>A custodian focused on institutional clients, Fireblocks, announced that the former chairman of the U.S. Securities and Exchange Commission (SEC), Jay Clayton, became a member of its Advisory Board.<\/p>\n<blockquote class=\\\"twitter-tweet\\\" data-lang=\\\"en\\\">\n<p lang=\\\"en\\\" dir=\\\"ltr\\\">Today, we\u2019re excited to welcome Jay Clayton, former chairman of the <a href=\\\"https:\/\/twitter.com\/SECGov?ref_src=twsrc%5Etfw\\\">@SECGov<\/a>, to the Fireblocks Board of Advisors! <a href=\\\"https:\/\/t.co\/HdqwMpjI6k\\\">https:\/\/t.co\/HdqwMpjI6k<\/a> [1\/2] <a href=\\\"https:\/\/t.co\/tpis1JBroe\\\">pic.twitter.com\/tpis1JBroe<\/a><\/p>\n<p>\u2014 Fireblocks (@FireblocksHQ) <a href=\\\"https:\/\/twitter.com\/FireblocksHQ\/status\/1428347982966046720?ref_src=twsrc%5Etfw\\\">August 19, 2021<\/a><\/p><\/blockquote>\n<p> <script async=\\\"\\\" src=\\\"https:\/\/platform.twitter.com\/widgets.js\\\" charset=\\\"utf-8\\\"><\/script><\/p>\n<p>The company expects that his experience will help \u201cFireblocks and its clients in defining the requirements for supporting, developing and deploying solutions for the forming digital asset infrastructure.\u201d<\/p>\n<blockquote class=\\\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\\\">\n<p>\u201cFireblocks will benefit greatly from Jay\u2019s work on the Advisory Board, given his experience across many aspects of the financial sector. He will help further enhance the security and resilience of Fireblocks\u2019 infrastructure for market participants and investors,\u201d said co-founder and CEO Michael Shaulov.<\/p>\n<\/blockquote>\n<p>Clayton noted that he shares Fireblocks\u2019 view that custody of digital assets requires the same level of service as traditional custodial services.<\/p>\n<blockquote class=\\\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\\\">\n<p>\u201cI value the company\u2019s commitment to improving all aspects of the ecosystem for storing and transferring assets, as well as the level of interaction between the team and existing industry participants who have a robust regulatory framework, and with new players in the space,\u201d added the former SEC head.<\/p>\n<\/blockquote>\n<p>He <a href=\"https:\/\/u1f987.com\/en\/news\/jay-clayton-steps-down-as-head-of-the-u-s-sec\">left <\/a>the post of chairman of the Commission on December 23, 2020. A day earlier, the regulator filed a suit against Ripple. The agency <a href=\"https:\/\/u1f987.com\/en\/news\/sec-files-suit-against-ripple\">accused <\/a>the fintech company and its executives of selling unregistered securities worth $1.3 billion in XRP tokens.<\/p>\n<p>The case continues under <a href=\"https:\/\/u1f987.com\/en\/news\/gary-gensler-named-chair-of-the-sec\">the new head of the SEC Gary Gensler<\/a>, whose nomination was approved by the Senate on April 14.<\/p>\n<p>Back in July, Fireblocks <a href=\"https:\/\/u1f987.com\/en\/news\/fireblocks-raises-310-million-at-a-2-billion-valuation\">reached a $2 billion valuation<\/a> after a $30 million Series D funding round.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>An institutional-focused custodian Fireblocks announced that the former chairman of the U.S. Securities and Exchange Commission (SEC), Jay Clayton, became a member of its Advisory Board.<\/p>\n","protected":false},"author":1,"featured_media":26216,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1386],"class_list":["post-47956","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-fireblocks"],"aioseo_notices":[],"amp_enabled":true,"views":"21","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/47956","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=47956"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/47956\/revisions"}],"predecessor-version":[{"id":47957,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/47956\/revisions\/47957"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/26216"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=47956"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=47956"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=47956"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}