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Former Coinbase CLO Brian Brooks Joins Hashdex's Board of Directors - Blockchain.News

Former Coinbase CLO Brian Brooks Joins Hashdex's Board of Directors

Rebeca Moen Jul 23, 2023 15:00

Brian Brooks, former Coinbase CLO and current Valor Capital Group partner, joins Hashdex's Board of Directors, aiming to accelerate the firm's global growth in the crypto asset management space.

Former Coinbase CLO Brian Brooks Joins Hashdex's Board of Directors

Hashdex, a global pioneer in crypto asset management, announced the addition of Brian Brooks to its Board of Directors. The board now expands from four to five members. Brooks, a representative of Hashdex investor Valor Capital Group, will serve as a strategic advisor, providing counsel on global regulation to further Hashdex's global market growth.

Hashdex, known for co-developing the Nasdaq Crypto Index™ (NCI™) with Nasdaq, provides global investors with a reliable benchmark for the crypto asset class. In 2021, Hashdex introduced the world's first crypto ETFs and other innovative products, enabling over 225,000 investors to simply and securely add crypto to their portfolios.

Brooks, often referred to as the "first fintech Comptroller," is recognized as a visionary global leader in financial services, fintech, and cryptocurrency. His career is marked by historic achievements on bank charters, including granting the first fintech and crypto charters, and promoting bank-fintech partnerships. As a member of Hashdex's Board, Brooks will enhance the firm's efforts to bridge the gap between the crypto ecosystem and traditional finance, accelerating institutional adoption and scaling key partnerships with financial organizations and policymakers worldwide.

Marcelo Sampaio, Co-Founder and CEO of Hashdex, stated, "Brian's extensive experience as a leader in financial regulation and the crypto industry will help Hashdex meet our core mission of giving investors simple and secure access to the developing crypto ecosystem. His proven ability to push forward thoughtful, innovation-driven public policy is much needed at this time, and we are thrilled to have him as a partner and advisor."

Prior to joining Valor, Brooks served as CEO of two blockchain-focused companies and as chief legal officer of global crypto exchange Coinbase. He was also acting U.S. Comptroller of the Currency, heading the U.S. government agency that charters and supervises the national banking system. He served as a member of the FDIC board of directors and as a voting member of the Financial Stability Oversight Council.

Brooks currently serves as a Managing Partner at Valor Capital Group, a Venture Capital fund manager founded in 2011 that pioneered the "Cross-Border" strategy, seeking to act as a bridge between the U.S. and Latin America technology markets. Valor, which invests in transformative businesses from startup to scale-up stages, led Hashdex's Series A round and has been supporting the company with strategic, business development, and regulatory initiatives in Brazil and abroad.

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