The Association for Digital Asset Markets (“ADAM” or “the Association”), today announced that cryptocurrency exchanges FTX and FTX US, digital asset investment firm Multicoin Capital, and cryptocurrency trading platform Robinhood Crypto have joined ADAM’s Board of Directors as the Association continues to expand its diverse membership and forge new strategic partnerships. ADAM’s growth comes at a critical time, as the burgeoning digital assets industry continues to drive conversations among lawmakers and regulators, underscoring the need for sophisticated standards-setting and effective industry representation in Washington D.C.
“This expansion reflects an increased appetite among digital asset stakeholders to set the industry standard for ethical market conduct and engage in sophisticated outreach to Washington. Robinhood Crypto, FTX, FTX US, and Multicoin Capital’s leadership as board members and our new slate of members will be invaluable in furthering ADAM’s mission to promote efficient, fair, and orderly digital asset markets,” said ADAM Board President and Head of Digital Assets at Hudson River Trading, Brad Vopni. “Recent activity in Washington has shown that the digital asset industry needs to be organized and proactive in nurturing positive engagement with lawmakers and regulators. Additionally, it is necessary to set standards in this novel field. Our mission is more important than ever—and our Board, members, and strategic member partners are critical to our success.”
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“The next few years will be key to ensuring a proper regulatory framework is developed for digital assets. We are excited to work with ADAM on its important policy and standards-setting mission,” said Stephen Palley, Partner and Chair of Anderson Kill’s Technology, Media and Distributed Systems Group.
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