AtlasClear Holdings, Inc. Appoints Mark S. Smith as a Board Member
AtlasClear Holdings (NYSE: ATCH) has appointed Mark S. Smith to its Board of Directors, effective September 23, 2024. Smith brings over 30 years of expertise in capital markets, with a focus on crypto, digital assets, and blockchain technologies. This appointment aligns with AtlasClear Holdings' goal of revolutionizing the financial sector through its innovative Clearing and Settlement platform.
Smith's background includes being part of the founding team for six successful FinTech startups and playing key roles in the electronification of Wall Street and the adoption of Bitcoin and tokenization of real-world assets. He is recognized as an authority in digital assets and tokenization.
John Schaible, Executive Chairman of AtlasClear Holdings, expressed enthusiasm for Smith's addition to the Board, highlighting the company's aim to build an efficient, technology-forward Clearing and Settlement solution that includes evolving products like distributed assets.
AtlasClear Holdings (NYSE: ATCH) ha nominato Mark S. Smith nel suo Consiglio di Amministrazione, con effetto dal 23 settembre 2024. Smith porta con sé oltre 30 anni di esperienza nei mercati dei capitali, con un focus su crypto, beni digitali e tecnologie blockchain. Questa nomina è coerente con l'obiettivo di AtlasClear Holdings di rivoluzionare il settore finanziario attraverso la sua innovativa piattaforma di Clearing e Settlement.
Il background di Smith include essere stato parte del team fondatore di sei startup FinTech di successo e aver ricoperto ruoli chiave nell'elettrificazione di Wall Street e nell'adozione di Bitcoin e nella tokenizzazione di beni del mondo reale. È riconosciuto come un'autorità nel campo dei beni digitali e della tokenizzazione.
John Schaible, Presidente Esecutivo di AtlasClear Holdings, ha espresso entusiasmo per l'inserimento di Smith nel Consiglio, evidenziando l'obiettivo dell'azienda di costruire una soluzione di Clearing e Settlement efficiente e orientata alla tecnologia che includa prodotti in evoluzione come gli asset distribuiti.
AtlasClear Holdings (NYSE: ATCH) ha nombrado a Mark S. Smith en su Junta Directiva, con efecto a partir del 23 de septiembre de 2024. Smith aporta más de 30 años de experiencia en mercados de capitales, con un enfoque en criptomonedas, activos digitales y tecnologías blockchain. Este nombramiento está alineado con el objetivo de AtlasClear Holdings de revolucionar el sector financiero a través de su innovadora plataforma de Clearing y Settlement.
El historial de Smith incluye ser parte del equipo fundador de seis startups exitosas de FinTech y desempeñar roles clave en la electronificación de Wall Street y la adopción de Bitcoin y la tokenización de activos del mundo real. Es reconocido como una autoridad en activos digitales y tokenización.
John Schaible, Presidente Ejecutivo de AtlasClear Holdings, expresó entusiasmo por la incorporación de Smith a la Junta, destacando el objetivo de la empresa de construir una solución de Clearing y Settlement eficiente y orientada a la tecnología que incluya productos en evolución como los activos distribuidos.
AtlasClear Holdings (NYSE: ATCH)는 Mark S. Smith를 이사회에 임명했습니다, 2024년 9월 23일부터 효력이 발생합니다. Smith는 암호화폐, 디지털 자산 및 블록체인 기술에 중점을 두고 자본 시장에서 30년 이상의 경험을 제공합니다. 이 임명은 AtlasClear Holdings의 혁신적인 Clearing 및 Settlement 플랫폼을 통해 금융 부문을 혁신하려는 목표와 일치합니다.
Smith의 배경에는 여섯 개의 성공적인 핀테크 스타트업의 창립 팀의 일원이 된 것과 월 스트리트의 전자화 및 비트코인의 채택과 실제 자산의 토큰화에 핵심 역할을 한 경험이 포함됩니다. 그는 디지털 자산 및 토큰화 분야의 권위자로 인정받고 있습니다.
AtlasClear Holdings의 전무 의장인 John Schaible은 Smith의 이사회 합류에 대해 열정을 표명하며, 진화하는 분산 자산과 같은 제품을 포함한 효율적이고 기술 중심의 Clearing 및 Settlement 솔루션을 구축하려는 회사의 목표를 강조했습니다.
AtlasClear Holdings (NYSE: ATCH) a nommé Mark S. Smith au sein de son Conseil d'Administration, à compter du 23 septembre 2024. Smith apporte plus de 30 ans d'expertise sur les marchés des capitaux, avec un accent sur les cryptomonnaies, les actifs numériques et les technologies blockchain. Cette nomination s'inscrit dans l'objectif d'AtlasClear Holdings de révolutionner le secteur financier grâce à sa plateforme de Clearing et Settlement innovante.
Le parcours de Smith comprend sa participation à l'équipe fondatrice de six startups FinTech prospères et des rôles clés dans l'électronification de Wall Street ainsi que dans l'adoption de Bitcoin et la tokenisation d'actifs du monde réel. Il est reconnu comme une autorité en matière d'actifs numériques et de tokenisation.
John Schaible, Président Exécutif d'AtlasClear Holdings, a exprimé son enthousiasme pour l'ajout de Smith au Conseil, soulignant l'objectif de l'entreprise de construire une solution de Clearing et Settlement efficace et axée sur la technologie, incluant des produits en évolution tels que les actifs distribués.
AtlasClear Holdings (NYSE: ATCH) hat Mark S. Smith in den Vorstand berufen, der am 23. September 2024 in Kraft tritt. Smith bringt über 30 Jahre Erfahrung in den Kapitalmärkten mit, mit einem Fokus auf Kryptowährungen, digitale Vermögenswerte und Blockchain-Technologien. Diese Ernennung steht im Einklang mit dem Ziel von AtlasClear Holdings, den Finanzsektor durch seine innovative Clearing- und Abwicklungsplattform zu revolutionieren.
Smiths Hintergrund umfasst die Mitgliedschaft im Gründerteam von sechs erfolgreichen FinTech-Startups und entscheidende Rollen bei der Elektrifizierung der Wall Street sowie bei der Einführung von Bitcoin und der Tokenisierung von realen Vermögenswerten. Er wird als Autorität im Bereich digitale Vermögenswerte und Tokenisierung anerkannt.
John Schaible, Executive Chairman von AtlasClear Holdings, äußerte Begeisterung über Smiths Ergänzung zum Vorstand und hob das Ziel des Unternehmens hervor, eine effiziente, technologieorientierte Clearing- und Abwicklungslösung zu entwickeln, die sich weiterentwickelnde Produkte wie verteilte Vermögenswerte umfasst.
- Appointment of Mark S. Smith, an expert in capital markets and digital assets, to the Board of Directors
- Smith's extensive experience aligns with AtlasClear Holdings' focus on innovative Clearing and Settlement solutions
- Potential for enhanced guidance in delivering access to distributed assets in a compliant manner
- None.
Mark S. Smith brings over three decades of expertise in capital markets, with a strong focus on crypto, digital assets, and blockchain technologies. His appointment to the Board marks a crucial moment as AtlasClear Holdings continues to advance its innovative Clearing and Settlement platform.
Mr. Smith expressed his enthusiasm for the appointment: “I am thrilled to join AtlasClear Holdings’ Board and work alongside a team that is pioneering the transformation of financial markets. AtlasClear Holdings’ dedication to building the future of Clearing and Settlement of traditional and digital assets is in perfect harmony with my aspirations for the future of finance.”
Before joining AtlasClear Holdings’ Board, Mr. Smith was part of the Founding team of six successful start-ups in the FinTech ecosystem, where he led initiatives in digital assets, tokenization, digital fund administration, and commercialization. His career also includes pivotal roles in creating products and services that lead to the electronification of Wall Street and the birth and adoption of Bitcoin and the tokenization of real-world assets (RWA). Early in his career, Mr. Smith contributed to the development of cutting-edge products in capital markets, including algorithmic trading tools and global ATS platforms.
Recognized as an authority in digital assets and tokenization, Smith is frequently cited in top industry publications and has been a driving force behind numerous innovative capital markets solutions.
“We are thrilled to welcome Mark Smith to our Board. Our goal at AtlasClear Holdings is to build the most efficient, technology forward Clearing and Settlement solution for our customers. We believe this naturally includes evolving products such as distributed assets. We believe Mark’s guidance going forward will be instrumental in delivering access to distributed assets in a compliant and successful manner,” said John Schaible, Executive Chairman of AtlasClear Holdings.
“I’m excited to join the Board of AtlasClear Holdings. I believe, this company is uniquely positioned to establish a solution that has the correct regulatory and technology platform to address market changes, managed by experienced professionals with a long history of success,” commented Mr. Smith.
About AtlasClear Holdings, Inc.
AtlasClear Holdings plans to build a cutting-edge technology enabled financial services firm that would create a more efficient platform for trading, clearing, settlement and banking of evolving and innovative financial products with a focus on the small and middle market financial services firms. The strategic goal of AtlasClear Holdings is to have a fully vertically integrated suite of cloud-based products including account opening, trade execution, risk management, regulatory reporting and settlement. The team that leads AtlasClear Holdings consists of respected financial services industry veterans that have founded and led other companies in the industry including Penson Clearing, Southwest Securities, NexTrade, Symbiont, and Anderen Bank.
About the Financial Technology
The nature of the combined entity is expected to be supported by robust, proven, financial technologies with a full suite that will enable the flow of business and success of the enterprise. The combined entity is expected to have a full exchange platform for a spectrum of financial products. In addition, the combined entity is expected to have a full prime brokerage and, following the completion of the proposed acquisition of Commercial Bancorp of
AtlasClear Holdings is expected to be run by a new digital suite of technologies that became part of the transaction at closing.
About
About Commercial Bancorp of
Commercial Bancorp is a bank holding company operating through its wholly-owned subsidiary, Farmers State Bank (“FSB”) and has been servicing the local community in
Cautionary Statements Regarding Forward-Looking Statements
This communication contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, as amended, that reflect AtlasClear Holdings’ current views with respect to, among other things, the future operations and financial performance of AtlasClear Holdings. Forward-looking statements in this communication may be identified by the use of words such as "anticipate," "assume," "believe," "continue," "could," "estimate," "expect," "foreseeable," "future," "intend," "may," "outlook," "plan," "potential," "proposed," "predict," "project," "seek," "should," "target," "trends," "will," "would" and similar terms and phrases. Forward-looking statements contained in this communication include, but are not limited to, statements as to (i) AtlasClear Holdings’ expectations regarding the benefits of the new board appointment, including operational results, (ii) AtlasClear’s anticipated growth strategy, including expected acquisitions, and (iii) the financial technology of AtlasClear Holdings.
The forward-looking statements contained in this communication are based on the current expectations of AtlasClear Holdings and its management and are subject to risks and uncertainties. No assurance can be given that future developments affecting AtlasClear Holdings will be those that are anticipated. Actual results may differ materially from current expectations due to changes in global, regional or local economic, business, competitive, market, regulatory and other factors, many of which are beyond the control of AtlasClear Holdings. Should one or more of these risks or uncertainties materialize, or should any of the assumptions prove incorrect, actual results may vary in material respects from those projected in these forward-looking statements. Factors that could cause actual results to differ may emerge from time to time, and it is not possible to predict all of them.
Such factors include, but are not limited to: AtlasClear’s inability to successfully integrate, and/or realize the anticipated benefits of, the acquisition of
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Source: AtlasClear
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