PANews, August 19 - Blockchain settlement company Tassat announced the appointment of current President and Chief Strategy Officer Glen Sussman as Chief Executive Officer, succeeding Zain Saidin. Saidin will continue to serve as a board member of the company and take on the role of senior advisor, supporting the company's institutional growth strategy.

Since joining Tassat in 2021, Sussman has driven the launch of the Lynq real-time settlement network and the United States' first tokenized deposit network, the Digital Interbank Network. Tassat plans to further expand the application of the Lynq platform and accelerate the adoption of stablecoins, tokenized deposits, and digital asset securities to build compliant, institutional-grade financial infrastructure.