AtlasClear Holdings, Inc. Appoints Mark S. Smith as a Board Member

BusinessWireSeptember 26, 20244 min

AtlasClear Holdings, Inc. (ā€œAtlasClear Holdingsā€) is excited to announce the appointment of Mark S. Smith as a member of the board of directors (the ā€œBoardā€), effective September 23, 2024. This significant Board appointment highlights AtlasClear Holdingsā€™ commitment to revolutionizing the financial sector.

Mark S. Smith brings over three decades of expertise in capital markets, with a strong focus on crypto, digital assets, and blockchain technologies. His appointment to the Board marks a crucial moment as AtlasClear Holdings continues to advance its innovative Clearing and Settlement platform.

Mr. Smith expressed his enthusiasm for the appointment: ā€œI am thrilled to join AtlasClear Holdingsā€™ Board and work alongside a team that is pioneering the transformation of financial markets. AtlasClear Holdingsā€™ dedication to building the future of Clearing and Settlement of traditional and digital assets is in perfect harmony with my aspirations for the future of finance.ā€

Before joining AtlasClear Holdingsā€™ Board, Mr. Smith was part of the Founding team of six successful start-ups in the FinTech ecosystem, where he led initiatives in digital assets, tokenization, digital fund administration, and commercialization. His career also includes pivotal roles in creating products and services that lead to the electronification of Wall Street and the birth and adoption of Bitcoin and the tokenization of real-world assets (RWA). Early in his career, Mr. Smith contributed to the development of cutting-edge products in capital markets, including algorithmic trading tools and global ATS platforms.

Recognized as an authority in digital assets and tokenization, Smith is frequently cited in top industry publications and has been a driving force behind numerous innovative capital markets solutions.

ā€œWe are thrilled to welcome Mark Smith to our Board. Our goal at AtlasClear Holdings is to build the most efficient, technology forward Clearing and Settlement solution for our customers. We believe this naturally includes evolving products such as distributed assets. We believe Markā€™s guidance going forward will be instrumental in delivering access to distributed assets in a compliant and successful manner,ā€ said John Schaible, Executive Chairman of AtlasClear Holdings.

ā€œIā€™m excited to join the Board of AtlasClear Holdings. I believe, this company is uniquely positioned to establish a solution that has the correct regulatory and technology platform to address market changes, managed by experienced professionals with a long history of success,ā€ commented Mr. Smith.

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