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Alan Konevsky, tZERO chief legal officer.TZERO, a majority owned subsidiary of Overstock.com, announced Wednesday that a former Mastercard lawyer was named the company's chief law officer.
Alan Konevsky is responsible for supervising the legal, regulatory, public policy and compliance functions of the company. He is the leader of the company's internal team and reports to tZERO's CEO, Saum Noursalehi. According to Konevsky's LinkedIn profile, he started working on tZERO in November. It was not immediately clear if he is the first legal director of the company.
"I am thrilled to join the tZERO team at such an exciting time in its history, particularly as we are working to launch one of the first regulated STO exchanges in the world, and I look forward to working closely with policymakers. , regulators, business partners and other stakeholders in our ecosystem to create more efficient and transparent capital markets with blockchain technology, "said Konevsky in the press release.
Noursalehi said: "Considering Alan's extensive legal experience, we believe his insight will be a valuable resource for solving the problems needed to create the next generation of capital markets," in the version.
The company recently announced it is ready to release a security token supported by Cobalt. GSR Capital, a Hong Kong-based private equity firm, has maintained tZERO to develop an intelligent contract token that will be used for an upcoming sale of Cobalt, according to the announcement.
According to his LinkedIn profile, Konevsky has worked in various roles in the internal legal team of Mastercard. He was senior consultant in mergers and acquisitions, senior vice president and consultant for strategic initiatives and senior vice president, as well as strategic initiatives and technology consultancies. He also worked as a CEO and senior consultant at Goldman Sachs in London. Before going home, Konevsky was a Sullivan & Cromwell associate and special consultant. He graduated from Harvard Law School.
TZERO is a portfolio company of Medici Ventures, which is the blockchain subsidiary of Overstock.com, according to the press release. The company was founded in 2014 with the aim of using blockchain technology to make financial processes less dependent on traditional institutional market structures.
