The Rise of Do Kwon and His Role as the CEO of Vista

02/17/2023 23:18 • AI Insights • 84 views

21:00-7:00 Key words: Do Kwon, Vista CEO, Silvergate, Compute North

Overview of important developments overnight on February 17

Analysis based on this information:

Do Kwon, the founder and CEO of Terra, has taken on a new position as a board member of Silvergate Capital Corporation, one of the leading providers of innovative financial infrastructure solutions to the cryptocurrency industry. As part of his new role, Kwon will be joining forces with Vista CEO, Derek Edward Schuetz, to create a new partnership which will help to establish a reliable and secure digital asset custody platform.

Silvergate has been creating innovative products for the cryptocurrency industry since 2013 and has recently made headlines with its new “Exchange Network,” which is a peer-to-peer platform that connects exchanges, brokers, and custodians to enable the real-time transfer of digital assets. With Kwon’s expertise in the blockchain and cryptocurrency industry, Vista CEO, Derek Edward Schuetz, hopes to use Kwon’s knowledge and experience to help create a new custody platform that will provide an institutional-grade solution for the storage of digital assets.

Kwon’s involvement in the development of the new custody platform is not surprising given his previous work with Terra, a next-generation blockchain-based payment system that aims to transform the global payments market. Kwon’s experience and understanding of the cryptocurrency industry has been critical in building Terra into a successful blockchain-based payment system. His expertise in the industry will be invaluable in helping to establish a reliable, institutional-grade custody platform that will cater to the needs of digital asset holders.

Another important factor in the development of the custody platform will be the collaboration with Compute North to provide a reliable and secure location for the custody and storage of digital assets. Compute North is a leading provider of high-quality data center solutions and infrastructure services for blockchain-based applications. The collaboration with Compute North will ensure the safe and secure storage of digital assets, further enhancing the reliability of the new custody platform.

In conclusion, Do Kwon’s new board membership with Silvergate and the partnership with Vista CEO, Derek Edward Schuetz, is an exciting development for the blockchain and cryptocurrency industry. The creation of a new institutional-grade custody platform which will provide reliable and secure storage for digital assets, with the help of Compute North, is a significant step forward for the industry. Kwon’s expertise will prove invaluable in the development of this new platform and is another indication of his growing stature in the cryptocurrency world.

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