Fintech News

Mr. Michael Coletta Joins Fineqia as Chief Strategy Officer

Mr. Michael Coletta Joins Fineqia as Chief Strategy Officer

Fineqia International Inc.  is proud to announce that Michael Coletta, a financial markets and fintech 15 year veteran joins the senior management team as a Chief Strategy Officer (CSO).  Mr. Coletta’s expertise within financial markets, regulation and digital asset management fortifies Fineqia’s core strength in crypto assets and fintech.

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Mr. Coletta joins Fineqia after a successful tenure at the London Stock Exchange Group (LSEG) and the CME Group , the world’s largest derivates exchange based in the U.S.

In his previous role at LSEG, Mr. Coletta developed a technology-driven business transformation strategy for adopting blockchain and digital assets across LSEG’s capital markets, post trade, benchmarks, and technology infrastructure businesses. At the CME Group, Mr. Coletta was part of the digitisation team launching its first Bitcoin futures contract as well as developing a gold-backed stable coin, crypto-asset spot market and developing an institutional crypto-asset custody solution.

Mr. Coletta has served as an Operating Committee member for the Global Blockchain Business Council (GBBC – PTDL Group) along with Global Digital Finance.  He also represented LSEG as an Expert Group Member on Regulatory Hurdles to Financial Innovation in the European Commission’s DG FISMA1, which published a report that fed into the proposed Markets in Crypto Assets (MiCA) draft legislation.

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“Mr. Coletta’s expertise in block chain and crypto assets will help us navigate the capital markets and regulatory landscape to create innovate, market leading products,” said Fineqia’s CEO, Bundeep Singh Rangar.  As CSO, Mr. Coletta will lead development of new products and instruments that align with the Company’s strategies.

As CSO, Mr. Coletta will lead Fineqia’s development of new products that align with the Company’s strategy that involve investments in and acquisitions of companies developing and propagating blockchain based financial solutions, adjunct to its core business of placing debt and equity securities.

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