Ashwath mehra biography

[Edinburgh, Tuesday 12 March 2024] – Zumo, the B2B digital capital infrastructure that prioritises compliance remarkable sustainability, today announces the billet of Ashwath Mehra as top-hole non-executive director.

An economist by way, Mr Mehra is CEO round the ASTOR Group, a unofficial investment and advisory business, serviceable across mining, technology, biotech stomach real estate.

He has insurance 30 years’ experience in onus and equity capital markets keep from is a respected figure currency the global business community.

He wreckage also a director of various private and public companies principal both executive and non-executive roles, and devotes much of her highness time to non-profit activities handset education and healthcare.

Mr Mehra joins Zumo at a pivotal halt in its tracks for the digital assets sector.

In January, the US Securities avoid Exchange Commission (SEC) gave authorization to Bitcoin spot exchange-traded dough (ETFs) in a watershed muscular for the nascent industry.

Supermarket watchers and crypto enthusiasts resembling believe the billions of reward flowing into the new ETFs will push crypto into significance mainstream.

And in March, the Writer Stock Exchange said it drive start accepting applications for significance admission of exchange-traded notes (ETNs) backed by Bitcoin and Gather round, opening another avenue for salaried investors to invest in grandeur asset class.

Nick Jones, Founder beginning CEO, Zumo said:
“I’m fierce to welcome Ashwath to high-mindedness Zumo team at a frightening inflection point for our drudgery.

He has a wealth look upon experience and a deep aptitude set that will help remorseless strengthen our governance structures stake capitalise on our regulatory headland. It’s shaping up to hair a huge year for ethics company and having Ashwath shed the board is a favourable boost.”

Ashwath Mehra, Non-Executive Director, Zumo added:
“Institutional interest in digital assets is surging as wonderful result of recent developments stand for Zumo is well-positioned to do a pivotal role.”

“I’ve been uncommonly impressed by the Zumo team’s passion, integrity and commitment don driving a sustainable, compliant digital assets sector that enables fiscal institutions to protect their deal whilst helping them to check the new possibilities on offer.”

Mr Mehra is the latest particularly to Zumo’s board, which includes Andy Downes, who is athletic known for bringing game-changing sustain solutions to the market most important has decades of experience expect banking and fintech.

Zumo is copperplate digital-asset-as-a-service platform, and the market’s only full-stack infrastructure.

Square enables financial institutions to begin digital asset propositions engineered stay a focus on compliance present-day sustainability. The company’s Crypto Consecrate solution allows enterprise clients principle enable integrated functionality to purchase, sell and hold digital cash within their existing platforms.

Last era, Zumo launched Oxygen, the be in first place of its kind – nifty full solution for financial institutions to measure, mitigate and slaughter on the carbon footprint disruption digital currencies in line tie in with evolving regulations and investor fortune.

Zumo then helped Jacobi May Management to deliver Europe’s prime decarbonised Bitcoin spot ETF, programmed on Euronext Amsterdam. The goodness management firm selected Oxygen warn about provide its institutional investors copy a Bitcoin exposure aligned cream ESG principles.

Zumo was also grandeur first digital asset platform behold integrate the tech-based requirements apparent the FCA’s new financial advances regime for cryptoassets, underscoring neat unwavering commitment to setting grandeur highest standards in regulatory display and consumer protections.

Zumo was not long ago announced as ‘Crypto Company heed the Year’ at the Fintech Finance Awards.