The Swiss private bank's former boss is joining the digital asset scene with a notable investment in a blockchain advisory.
Daniel Sauter is one of the three new shareholders at Inacta after taking a stake, the Zug-based blockchain advisory said in a statement on Wednesday. He oversaw Julius Baer during an era of heady growth – and regulatory trouble over business with wealthy South Americans.
The other two new shareholders are Kathrin Genovese-Delwing and Nathan Kaiser. Genovese-Delwing, like Sauter, was a close associate of commodities tycoon Marc Rich, whose Swiss firm she ran as CEO. She now oversees Union Bancaire Privée's U.S. unit for wealthy clients.
Venture Strategy
Kaiser is a noted Swiss-based blockchain lawyer who most recently clinched regulatory approval for the Swiss stock exchange's new digital asset venue, SDX.
Sauter will join the board of Inacta itself, alongsideRolf Guenter and Ralph Mogicato as well as co-founders Marco Bumbacher and Ralf Glabischnig. The changes come as Inacta beefs up its venture activities.
Kaiser will join the board of Inacta Ventures, where he will focus on expanding the venture strategy for existing start-ups. Genovese-Delwing will join the board of Tokengate, an Inacta platform which aims to tokenize assets such as real estate, commodities, and art.
