Berlin, Germany, January 20, 2025 — Finoa, the leading European crypto asset custodian and staking provider, is proud to announce the appointment of Sven Niederheide as Managing Director and Chief Compliance Officer (CCO).

Sven Niederheide brings extensive experience in crypto, compliance and regulatory affairs within the global financial sector. His expertise will be instrumental in broadening Finoa’s international regulatory positioning, adherence to evolving regulatory standards and in strengthening the company's compliance framework. Most recently, Sven worked as Global Chief Compliance Officer at the US-based crypto-decacorn Blockchain.com, where he gained invaluable experience navigating complex regulatory landscapes around the world, supervising their entities in the US, Cayman Islands, Singapore and Lithuania (amongst others). His expertise extends beyond the crypto space, having worked closely with global regulators and contributing to BaFin-regulated fintechs like N26 and traditional banking institutions such as HSH Nordbank. Sven Niederheide will join the Management Board of Finoa GmbH, working closely with Michael Heinks (Chief Risk Officer), Dr. Jörg Howein (Chief Product Officer) and Christopher May (CEO).

“We are delighted to welcome Sven to our leadership team,” said Christopher May, Co-CEO of Finoa. “With the crypto ecosystem continuing to innovate and at the same time, regulatory frameworks on digital assets being developed, successfully navigating this terrain can create significant competitive advantages. Sven’s deep expertise in compliance and regulatory affairs within crypto and the financial services industry here makes him uniquely qualified.”

In response to his new role, Sven Niederheide stated, “I am excited to join Finoa at a time when the digital asset industry is reaching new levels of maturity and innovation. Finoa has established itself as a trusted partner for institutional clients, and I look forward to working with the team to further strengthen its compliance and regulatory capabilities. By navigating the evolving landscape together, we can help shape the future of secure and compliant crypto asset services, driving both trust and growth in this dynamic space across Europe and beyond.”

Additionally, Vanja Miletic, an accomplished information security professional, will be appointed Chief Information Security Officer (CISO) and ICT Risk Manager, leading Finoa's information security efforts in safeguarding digital assets and maintaining the highest standards of security protocols and protecting client assets.

These strategic appointments underscore Finoa's commitment to robust governance and operational excellence, positioning the company to further strengthen its market leadership in the European Union and beyond.

For media inquiries, please contact: hello@finoa.io 

Founded in 2018 in Berlin/Germany, Finoa is the leading European digital asset custodian and staking provider, enabling institutional access to the ever-growing crypto asset ecosystem. The company’s offering includes custody, staking, and brokerage, with an emphasis on security, regulatory compliance, and white-glove customer service. Finoa's intuitive platform enables its customers to securely store, stake, and manage their assets, making it a trusted partner for institutional investors and crypto companies globally. Finoa is a regulated financial institution under the supervision of the German Federal Financial Supervisory Authority (BaFin). For more information about Finoa's services, please visit www.finoa.io.