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

Retail FX

Orfinex joins Financial Commission as approved broker member

Multi-asset brokerage firm Orfinex has become a member of the Financial Commission, joining the ranks of the self-regulatory organization. This accreditation reassures traders that the firm meets the quality standards set by the commission.

Fintech

Telegram CEO’s Bitcoin stash valued in hundreds of millions

Telegram CEO Pavel Durov revealed that he has held several hundred million dollars in fiat and bitcoin for the past decade.

Digital Assets

Bitcoin drops below $60K as halving just 300 blocks away

Bitcoin fell below the $60,000 mark on April 17, just days before a scheduled reduction in mining rewards, known as the “halving,” which is set to occur on April 20.

Chainwire

New Meme Coin ICO Dogeverse Raises $6 Million After Completing Coinsult Audit

A new multichain meme coin, Dogeverse, has raised $6 million in its presale and recently passed a smart contract audit.

The new meme coin leverages bridge technology, ensuring the token is available across the most prominent on-chain markets.

Retail FX

Interactive Brokers posts Q1 earnings, raises dividend

Interactive Brokers Group Inc (NASDAQ:IBKR) announced its first-quarter financial results for the period ending March 31, 2024. The leading automated global electronic broker reported a GAAP diluted EPS of $1.61 and an adjusted EPS of $1.64.

Fundamental Analysis, Tech and Fundamental

Global FX Market Summary: USD, FED, Gold  April 17 ,2024

The Fed’s hawkish stance on interest rates is strengthening the US dollar while central banks globally grapple with inflation and economic growth.

Digital Assets

Kraken launches self-custodial wallet, joining competitors like Coinbase

Kraken, the second-largest U.S.-based cryptocurrency exchange, has introduced its own digital wallet, aligning its offerings with those of competitors like Coinbase.

blockdag

BlockDAG’s Lunar Teaser Skyrockets Presale to $17.8M! Polkadot’s Price Soars with Optimism & Chainlink Unveils Updates

Polkadot (DOT) price prediction expects a rally as DOT garners attention for its high development activity, whereas Chainlink launches a new bridging tool. Meanwhile, BlockDAG has entered stage 9, with an impressive $17.8 million garnered in its ongoing presale.

Chainwire

MetaWin Announces Innovative TOKENIZED Tesla Cybertruck Contest on Ethereum’s Base Layer 2 Blockchain

This NFT, which represents full ownership rights to The Cybertruck, has been launched on the Ethereum Base Layer 2 blockchain operated by cryptocurrency giant Coinbase.

<