According to Techub News and reported by The Block, e-commerce company PublicSquare has appointed Custodia founder and CEO Caitlin Long as a board member responsible for the Crypto Assets reserve business. The board also includes Donald Trump Jr. PublicSquare Chairman and CEO Michael Seifert stated that Long’s extensive experience in the encryption and TradFi sectors will help drive the company’s fintech and digital asset initiatives.
In May this year, PublicSquare announced plans to explore digital asset fiscal strategies, stating that it may allocate part of the company’s strategy to Bitcoin, yield-generating stablecoins, and other Crypto Assets. The company also mentioned that it is assessing the feasibility of integrating stablecoins into its payment system and online marketplace platform.
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