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IRACE Digital Enhances Its Growth Strategy with New Advisory Board

In a significant move toward bridging the gap between traditional finance and the rapidly evolving digital asset landscape, IRACE Digital has announced the formation of its inaugural Board of Advisors. This strategic initiative aims to bolster the company's institutional banking platform, designed to serve both traditional and digital asset markets. The board comprises a stellar lineup of experienced leaders from various sectors, including banking, asset servicing, and digital assets, whose insights will guide IRACE as it navigates this new era of finance.

A New Era of Financial Integration

The financial landscape is undergoing transformative changes, with the integration of traditional and digital assets becoming increasingly vital. Derek Delaney, Executive Chair of IRACE, emphasized this shift, stating, "Financial markets are entering a new phase where traditional and digital assets are becoming increasingly integrated." The establishment of the Board of Advisors is a testament to this evolution, bringing together experts whose experience spans the breadth of institutional finance and digital innovation.

The Board of Advisors consists of seasoned professionals, including:

• - John Cronin: Global CEO of IRACE
• - Derek Delaney: Former Global CEO of Waystone, with extensive experience in asset servicing and international expansion.
• - Fred Jacobs: A veteran banking executive with profound expertise in institutional banking and fund administration.
• - Don Seymour: Founder of DMS Governance and a leader in institutional governance and compliance.
• - Paul Cahill: Co-Founder of DataOp, focusing on expanding institutional infrastructure.
• - Glen Magee: Co-Founder of DataOp with significant experience in institutional financial strategies.
• - John D'Agostino: Head of Strategy at Coinbase Institutional, recognized for his knowledge of digital asset market structures.
• - Colm O'Driscoll: Chair and CEO of IRACE Europe, contributing his banking expertise to enhance IRACE's presence in Europe.

Guiding IRACE's Future

Each member of the board brings unique perspectives and insights vital for shaping IRACE's strategic direction. Their collective expertise will be instrumental in building the regulated banking infrastructure necessary for smooth capital movement across both traditional financial systems and digital environments.

John D'Agostino noted, "The convergence of traditional financial infrastructure and blockchain-based markets is one of the most significant shifts underway in global financial markets." He stresses that institutions need reliable, regulated banking frameworks to thrive in both realms. IRACE aims to be at the forefront of this evolution by developing essential infrastructures that support institutional engagement in the digital space.

Commitment to a Unified Banking Model

IRACE's mission extends beyond mere advisory; it seeks to create an integrated banking platform that aligns with modern financial market demands. The institution offers a comprehensive suite of services, including banking, custody, liquidity management, and execution—all consolidated into a singular operating model tailored for institutional clients. This model ensures that clients can seamlessly transition between traditional and digital asset markets, optimizing their financial operations.

As they move forward, IRACE plans to expand its Board of Advisors, welcoming additional leaders from banking, fintech, and digital asset sectors to enrich its strategic capacity.

About IRACE Digital

IRACE Digital is positioned as a multi-jurisdictional institutional banking platform designed to cater to both traditional and digital asset markets. Leveraging FundBank's well-established infrastructure, IRACE delivers a sophisticated banking and liquidity management solution, operating within approved regulatory frameworks. Currently, the provision of digital asset services awaits regulatory endorsements, as IRACE continues to advance its operational goals in multiple jurisdictions.

With the establishment of its Board of Advisors and a clear mission, IRACE Digital is poised to redefine institutional financial services, ensuring a robust bridge between two pivotal financial ecosystems.