Crypto Heavyweight Giancarlo Jumps Ship to Sygnum—Because What’s Regulation Without a Revolving Door?

Another day, another regulator-turned-industry-insider. The ’Crypto Dad’ himself—former CFTC chair Christopher Giancarlo—just landed at Swiss crypto bank Sygnum as a senior policy advisor. Because nothing says ’credibility’ like cashing in on your government Rolodex.

Sygnum’s betting Giancarlo’s DC connections will grease the wheels for their global expansion. Smart move—or just another case of regulatory capture? Either way, the revolving door spins faster than a DeFi yield farm.

Bonus jab: At least he didn’t join a stablecoin project. Those usually end with handcuffs and a perp walk.

Sygnum, a global digital asset banking group, announces that J. Christopher (“Chris”) Giancarlo, former Chairman of the U.S. Commodity Futures Trading Commission (CFTC), has joined Sygnum as Senior Policy Advisor. During his tenure, Chris Giancarlo was a strong supporter for open markets, innovation and balanced regulatory frameworks. His strong advocacy for cryptocurrency to the US Congress earned him the moniker “crypto dad.” Chris Giancarlo continues to be involved in a number of policy developments in the digital asset space and has recently participated in discussions on regulatory frameworks and industry collaboration at the White House Digital Asset Summit.

At Sygnum, Chris Giancarlo will share his extensive experience in regulatory frameworks, strategic partnerships and global digital asset markets, contribute his extensive network in both the public and private sectors, and work with the team to further strengthen the banking group’s mission to “empower everyone, everywhere to own digital assets with complete trust.”

The recent market reforms and regulatory developments in the US have the potential to drive significant changes to global digital asset markets, projects and infrastructure. As a global banking group, Sygnum has been following these developments closely and looks forward to working with Chris Giancarlo to explore collaboration, M&A and other strategic growth opportunities with global industry players.

, says “I am excited to join Sygnum as Senior Policy Advisor as the global digital asset industry approaches an inflection point in institutional adoption. I look forward to contributing my regulatory knowledge, networks and perspectives to Sygnum’s growth strategy, as well as advancing the group’s mission to build new regulated bridges between the traditional and crypto economies on a global scale.”

“We are delighted that Chris Giancarlo is joining our Advisory Council” adds. “His DEEP understanding of the regulatory landscape, financial market infrastructure and public policy, as well as his extensive network – particularly in the US – will be invaluable as we continue our growth journey. However, it’s Giancarlo’s natural alignment with our belief that “the future has heritage” that is already resonating strongly with our leadership team.”

Chris Giancarlo joins an experienced group of executives on Sygnum’s Advisory Council including Vice Chair of Blackrock Philipp Hildebrand, and Connection Science Fellow at MIT, Alexander Lipton.

Source: Sygnum