Stellar Development Foundation appoints Asiff Hirji to Board of Directors

03/09/2023 14:19 • Tech Ticker • 114 views

It is reported that Stellar Development Foundation announced the appointment of Asiff Hirji of MoonPay as a member of the Board of Directors. Previously, he served as the president of Figure, a company that transformed financial services through blockchain technology, and the president and chief operating officer of Coinbase, leading the launch of new assets and products and expanding to new regions. It is reported that Asiff Hirji will use its more than 30 years of experience in financial technology and services to support SDF’s mission of creating fair access to the global financial system. At present, the appointment has taken effect immediately. （prnewswire）

Stellar Development Foundation appointed the former COO of Coinbase as a member of the Board of Directors

Analysis based on this information:

Stellar Development Foundation (SDF), the non-profit organization that supports the development and adoption of the Stellar blockchain network, has announced the appointment of Asiff Hirji to its Board of Directors. Hirji, who is currently the President of MoonPay, a blockchain payments company, brings over 30 years of experience in the financial technology and services sector to the position. His appointment is effective immediately.

Prior to joining MoonPay, Hirji served as the President of Figure, a blockchain-enabled lending platform, and the President and Chief Operating Officer of Coinbase, one of the world’s largest cryptocurrency exchanges. At Coinbase, he played a key role in expanding the company’s product offerings and expanding its reach into new markets.

Hirji’s appointment to the Board of Directors of SDF underscores the organization’s commitment to promoting fair access to the global financial system. With his extensive experience in financial technology and services, he is well-suited to support SDF’s mission of promoting financial inclusion and fostering economic growth in underserved communities.

One possible interpretation of Hirji’s appointment is that SDF is seeking to leverage his expertise to drive adoption of the Stellar blockchain network. Hirji’s experience in developing and launching new products and expanding into new markets could be particularly valuable in helping SDF to expand its reach and build its user base.

Another possible interpretation is that Hirji’s appointment reflects SDF’s broader goal of becoming a global leader in blockchain-based financial services. With Hirji on board, SDF may be better positioned to attract investment and partnerships that can help it achieve its strategic objectives.

Overall, SDF’s appointment of Asiff Hirji to its Board of Directors is a significant development for the organization and the broader blockchain community. It suggests that SDF is committed to building a world-class team of experts and leaders to help it achieve its mission of promoting financial inclusion and fostering economic growth through blockchain-based financial services.

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