SETL, the London-based financial blockchain specialist, has opened office in Paris to develop its eurozone activities.
The new office will be headed by Pierre Davoust, who has been named CEO France at SETL. Earlier Pierre worked as a deputy head of the Financial Markets Unit at the French Treasury.
With Paris office, SETL aims to bring the benefit of its blockchain infrastructure to the French market and the wider eurozone.
The move will also boost SETL’s capacity to deal with any future regulatory or other changes in the EU financial markets.
Pierre said: “Paris is a large financial centre, with a particularly strong asset management community. So it is a logical step for SETL to develop a local presence in Paris as we aim to put end-users of financial markets, such as issuers and investors, at the centre of our strategy.
“France has a rich technological and regulatory ecosystem, with a high-level IT and cryptography community, and ongoing reforms in the field of securities law, which is a very well-suited environment for the development of a best-in-class blockchain infrastructure.”
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalData