J. Christopher Giancarlo, a former chief of the U.S. Commodity Futures Trading Commission, has joined the board of directors for the firm that issues the PayPal stablecoin.
The asset manager’s largest shareholder is urging investors to vote against the reappointment of the firm’s CEO, Jonathan Steinberg, who has led the firm’s business toward decentralized finance.
Ironlight, helmed by the former küresel head of trading of Schroders and Abu Dhabi sovereign wealth fund ADIA with the ex-CEO of TD Bank as an adviser, aims to...