Silicon Valley venture capitalist Will Stewart joins US digital asset firm DevvDigital

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United States-based blockchain company DevvDigital Inc., the operator of DevvExchange, announced that a seasoned Silicon Valley venture capitalist has joined its board of directors. 

In a new press release, the firm disclosed William Stewart will lead the company’s capital strategy and corporate plans, while also playing a key role in growing the DevvExchange – described as the first non-custodial, instant settlement digital exchange built on the L1 DevvX blockchain with institutional partners from the global finance industry.

A Silicon Valley venture capitalist, strategic advisor, and board member, Will Stewart is known for his long tenure as an investor in the heart of America’s tech industry, having raised billions in capital for over one hundred technology companies. In recent years, his attention primarily focused on digital marketplaces, environmental commodities, and infrastructure in the global energy transition. 

According to Ray Quintana, CEO of DevvDigital, the firm expects Stewart’s proven track record across innovation and finance to be a “game-changer for DevvDigital.” Specifically, Quintana hints that Stewart will drive “global partnerships, funding opportunities, and the rapid adoption of the [DevvDigital] ecosystem” as part of his board appointment. 

The release further highlights Stewart’s role in fostering global strategic alliances, securing capital, and advancing the adoption of DevvExchange’s transformative trading technology.

Commenting on his new role at DevvDigital, Will Stewart says that

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“timing could not be better for DevvDigital and DevvExchange at the intersection of this tsunami of public and institutional adoption of crypto products.”

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He anticipates this trend will continue under a new federal administration that provides a policy framework that positions digital assets as a legitimate component of the U.S. financial system and aims to establish the United States as a leader in digital financial technology.

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“According to a recent Bain & Co. report, private market assets are to grow at more than twice the rate of public assets, reaching up to $65 trillion by 2032. In search for liquidity, higher yield, and diversification, asset managers are now focused on alternative assets. Tokenization is revolutionizing the alternative asset market. As a board member, my role is to place DevvDigital and DevvExchange at the center of this revolution,” Stewart, concludes.  

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Photo: William Stewart

Tom Anderson, co-founder of DevvDigital and DevvExchange, further highlighted that Trump’s recently signed executive order to strengthen “American Leadership in Digital Financial Technology” marks a substantial shift in US policy, which is expected to positively affect the growth and use of blockchain, digital asset, and related technologies. In Anderson's words, both DevvDigital and DevvExchange are “at the very foundation” of these fields.

The announcement comes in the wake of recent developments in the DevvX and DevvE (the native token of DevvX) ecosystem. As the organization gears up to introduce new product verticals and expand utility for token holders, it continues to demonstrate its dedication to innovation and value creation.

Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

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