GlobalBlock UK appoints Rodney Prescott as CTO

Rick Steves

The UK subsidiary of GlobalBlock Digital Asset Trading was established in 2018 and provides a brokerage services with best execution trading and safe custody of digital assets.

GlobalBlock Digital Asset Trading has appointed Rodney Prescott as Chief Technology Officer for its UK subsidiary.

Mr. Prescott brings a wealth of experience in blockchain, digital assets, and banking to the company as he has held senior managerial roles at global technology firms, consultancies, and banking groups.

Rodney Prescott joins GlobalBlock from Input Output, also known as IOHK, as a strategic consultant. The firm is the research and technology umbrella of the Cardano blockchain.

He also provided his strategic consultancy services to cross-chain protocol Qredo, the decentralized interoperable blockchain infrastructure which provides fast settlement over a decentralized network.

Prior to that, he was a Senior Manager at global consultancy firm PwC, based in London. There, he assisted Central Banks and small to medium sized companies (SMEs) with their blockchain technology projects, including the South African Reserve Bank which explored the use of blockchain in Interbank settlement.

His career also includes roles at EY in Sydney and Hong Kong as he helped global financial services and technology companies drive their digital innovation and blockchain initiatives, and technology positions in banking, including Commonwealth Bank, Westpac, and MLC.

Rufus Round, Chief Executive Officer at GlobalBlock, commented: “We are delighted to welcome Rodney and his wealth of crypto and technology experience to the team, knowing that he will play an instrumental part in the growth of the business as we roll out new products and services.

“Having been a key player within the industry for many years, we see his appointment as a fantastic development for all stakeholders of the business as we continue to capitalise on such a fast moving and fast growing sector.”

Rodney Prescott, Chief Technology Officer at GlobalBlock UK, said: “GlobalBlock is at a pivotal stage of its existence and this is a hugely exciting time to be joining the company, especially when there is clear evidence of wider digital asset adoption worldwide.

“Having experienced first hand how businesses and individuals are seeing to benefit from blockchain, tokenisation and cryptocurrency, joining a company with highly experienced professionals is an unmissable opportunity for me and I look forward to what the future holds for the business.”

GlobalBlock UK is a digital asset broker that provides a personalized telephone brokerage service, trading platform, and mobile app.

Based in the United Kongdom, the UK subsidiary of GlobalBlock Digital Asset Trading was established in 2018 and provides best execution trading and safe custody of digital assets for individuals, corporates, institutional financial firms, and intermediaries.

The UK subsidiary is temporarily registered under the Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017 as a cryptoasset business until 31st March 2022, pending the determination of the application by the Financial Conduct Authority.

Read this next

Industry News

FINRA fines BofA Securities $24 million for spoofing in US Treasuries

BofA Securities failed to detect spoofing due to inadequate supervisory systems. These systems were not equipped to identify manual spoofing by traders.

Retail FX

Belgium regulator blacklists FXP360, Appex Finance, and Wise-Markets

Belgium’s financial watchdog, the Financial Services and Markets Authority ‎‎(FSMA), has issued a warning against the unauthorized activities of multiple ‎ platforms that are offering investments in the country without ‎complying with Belgian financial legislation.‎

Digital Assets

MicroStrategy piles on Bitcoin, acquiring 0.90% of circulating supply

MicroStrategy, the world’s largest Bitcoin corporate holder, has further increased its holdings of the primary cryptocurrency. According to a recent filing, the company acquired an additional 16,130 bitcoins between November 1 and November 29, spending $593.3 million at an average price of $36,785 per bitcoin.

Digital Assets

Paxos gets nod to issue dollar-backed stablecoins in UAE

Stablecoin issuer Paxos has received preliminary approval from Abu Dhabi’s Financial Services Regulatory Authority to issue U.S. dollar-backed virtual currencies and provide crypto-brokerage and custody services.

Digital Assets

Flare Labs Begins Testing FAssets on Coston Testnet Paving Way for Non-Smart Contracts to Flare

Flare Labs has introduced FAssets on the Coston testnet, enabling the integration of non-smart contract tokens like BTC, XRP, and DOGE into the DeFi ecosystem.

Digital Assets

Philippine bars access to Binance, citing unregistered operations

The Philippines’ Securities and Exchange Commission (SEC) is moving to block access to Binance due to regulatory concerns, citing the platform’s operation without proper registration and authorization in the country.

Digital Assets

FTX cleared to sell investments in Grayscale and Bitwise funds

Bankrupt cryptocurrency exchange FTX has received approval from the bankruptcy court to start selling its stakes in digital trusts managed by Grayscale Investments.

Digital Assets

Nexo launches Dual Investment for yield earning and price prediction

“Dual Investment revolutionizes how users engage with BTC and ETH, offering a flexible, intuitive, yet sophisticated platform for predicting asset price movements, all while securing high yields.”


Aquis Stock Exchange goes live with cloud-based matching engine powered by AWS

“By running on AWS, the Aquis Stock Exchange is driving transformation across the capital markets industry while continuing to enhance the scalability, functionality and innovation that will benefit its members and stakeholders in an environment where security and resiliency are our highest priority.”