Platonic, a company empowering global financial institutions through decentralized common market infrastructure today announced the appointment of Altin Hoxha as its Chief Technology Officer.
With his extensive experience in digital asset platforms and blockchain technologies, Hoxha will play a crucial role in advancing Platonic's mission to transform the financial industry through innovative tokenization solutions.
Hoxha joins Platonic from Citi Innovation Labs, where he served as the Head of Digital Assets Platform Engineering. In this role, he led the development of the Citi Integrated Digital Assets Platform (CIDAP), a unified standard for digital asset use cases across Citi's institutional clients. His leadership was instrumental in addressing platform implementation of requirements in alignment with regulatory and internal policies compliance for Citi's digital asset initiatives.
"We are thrilled to welcome Altin to the Platonic team," said Violet Abtahi, founder and CEO of Platonic. "His visionary approach to blockchain technology and proven track record in delivering cutting-edge solutions align perfectly with our goal of reshaping the financial landscape. Altin's expertise will be invaluable as we continue to develop our decentralized tokenization platform and expand the possibilities in finance.
As CTO, Hoxha will spearhead Platonic's engineering organization, guiding the development of innovative solutions that leverage both on-chain and off-chain capabilities. His focus will be on enhancing Platonic's patented Layer 1 blockchain, which prioritizes security and client data protection while enabling seamless integration with legacy and digital financial infrastructures.
"I am excited to join Platonic at this pivotal moment in the evolution of financial technology," said Hoxha. "Platonic's commitment to enhancing tokenization with a focus on security and data protection resonates deeply with my vision for the future of finance. I look forward to working with the talented team at Platonic to deliver significant value to financial institutions worldwide."
Hoxha's appointment comes at a time when Platonic is experiencing rapid growth, having already facilitated hundreds of billions in transactions through active pilot programs. His leadership is expected to accelerate the company's technological advancements and strengthen its position as a trusted partner for financial institutions looking to leverage blockchain technology.