Advocacy elements illustration. Freepik
The benchmark platform for issuing security tokens and other financial assets on blockchain has hired Alex C. Levine as chief legal officer, TokenSoft announced on 17 December. In addition to being the CLO for the company, Alex will also be the president of DTAC, which is TokenSoft’s recently approved affiliate transfer agent.
“Recruiting Alex to our team was an important step for TokenSoft to ensure our customers receive best in class compliance tooling for security token issuances,” said Mason Borda, CEO of TokenSoft. “Alex’s regulatory and blockchain experience will ensure our transfer agent offering can meet the complex compliance needs of all security offerings.”
Prior to joining the TokenSoft team, Levine amassed legal experience in the blockchain sphere working in executive positions at companies such as Pangea, TrustToken, and LedgerX, guiding the projects on compliance and regulatory matters.
“I am very excited to join TokenSoft and to help it navigate the regulatory requirements for security offerings and token issuances,” said Alex. “The regulatory framework for blockchain and cryptocurrency is rapidly evolving, and TokenSoft is at the forefront of paving a path of compliance for top-tier financial institutions looking to issue digital assets.”
From 2008 to 2010, Alex worked at the U.S. Securities and Exchange Commission, helping handle one of the worst financial crises ever. From 2010 to 2013, he moved to the U.S. Commodity Futures Trading Commission, where he was part of rulemaking efforts under the Dodd-Frank Act.