Mustafa Al Niama has joined Mysten Labs as head of capital markets after a decade long tenure at Goldman Sachs.
Mustafa Al Niama
In his new role, Al Niama is set to work with leaders at firms spanning asset managers, banks and fintechs, and will also support the growth of the Sui blockchain among institutional investors.
Ryan Servatius, global head of partnerships at Mysten Labs, said: “Sui can offer what no other capital markets-focused blockchain can: a thriving defi ecosystem that can meet capital markets participants where they are. Hiring Mustafa as head of capital markets is the next step towards helping the ecosystem bring Sui’s mainstream public blockchain to institutional finance.”
Read more – Sygnum expands institutional access to the Sui blockchain
Al Niama joins the firm from Goldman Sachs, where he worked across various roles, most recently as Americas head of digital assets for three years.
He joined the firm in 2015 as a senior associate based out of New York, and later became vice president, global banking and markets, market solutions at the firm for more than four years.
“My decade at the firm [Goldman Sachs] was a transformative period, and my experience as Americas head of digital assets provided an unparalleled vantage point on the evolution of finance,” said Al Niama.
“This move comes at a pivotal moment. The emerging regulatory clarity is a net positive, creating a secure environment for more capital to flow and for the architectural shift in our markets to accelerate.”