Simon Letort

Head of Strategic Initiatives
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Simon Letort is Head of Strategic Initiatives at Digital Asset, where he leads efforts around the Canton Network, with a current focus on blockchain governance and digital cash. Canton Network is Digital Asset's blockchain infrastructure connecting regulated financial institutions, with its largest use case being interbank repo operated by Broadridge at approximately $400 billion nominal per day across 8,000 to 10,000 daily transactions. Tokenised Treasuries on Canton are being used as collateral by institutions including Citadel and DRW. Letort has described the network's near-term ambition as moving from hundreds of billions toward trillions in daily transaction volume, in line with the scale of existing platforms such as Tradeweb.

Prior to joining Digital Asset in September 2022, Letort spent approximately 20 years at Société Générale across a range of senior roles. He served as Managing Director and Chief Digital Officer and Head of Innovation for the Americas from 2017 to 2022, overseeing a technology strategy covering around 200 engineers and a $100 million budget. Before that he was Managing Director and Head of Financial Engineering for the Americas from 2015 to 2017, leading a team of 50 financial engineers covering product design, legal and tax structuring, and trade idea generation. Earlier in his career he served as Co-head of Global Markets Brazil at Banco Société Générale Brasil, where he managed a 15-person sales and trading team. He holds an M.Sc. in financial mathematics from École Centrale Paris and has pursued executive education at Harvard Business School Online.

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25
Nov

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