Digital Prime Technologies appoints James Tabacci to the Board of Directors

Digital Prime Technologies appoints James Tabacci to the Board of Directors

Jersey City, New Jersey, November 16, 2023 /PRNewswire/ — Digital Prime Technologies is pleased to announce the appointment of… James TabacciPresident and CEO of South Street Securities Holdings CompanyTo its Board of Directors. Mr. Tabashi He brings a wealth of experience and a proven track record of strategic leadership that will be instrumental in fueling Digital Prime’s growth.

Digital Prime Technologies (PRNewsfoto/Digital Prime Technologies)

James Runnels“We are confident that Jim’s addition and guidance will help advance our agenda of delivering digital asset prime brokerage, borrowing/lending and execution solutions with best practices at the forefront,” expressed Co-Founder and CEO of Digital Prime Technologies. “His appointment reinforces our commitment to strong corporate governance and strategic foresight.” ”

Mr. Tabacci A career in the financial sector is characterized by significant accomplishments and leadership roles that have impacted the industry. His guidance and insights will be vital to Digital Prime as the company seeks to enhance its offerings and navigate the complexities of the fintech landscape.

The announcement comes on the heels of Digital Prime launching its Tokenet product last week which was met with great excitement from the industry.

on James Tabacci

Mr. Tabashi He joined Citicorp/Citibank in 1980. Over the course of 20 years, he served in a variety of client-facing and business leader positions in the investment, corporate and retail banking divisions. In 1987, Mr. Tabashi Become the Regional Business Manager for Northeast Division of Citicorp Mortgagea company.

In 1989 he worked as a financial controller for a division at Citicorp North American Investment Bank. During 1990, Mr. Tabacci was assigned to manage the day-to-day operations of Citibank. Municipal trust a job. He revamped the production lines and put the business up for sale, which was completed in 1992. He subsequently joined the Finance Office and was appointed corporate treasurer. Citicorp Securities, Inc In 1995.

As Treasurer, Mr. Tabashi He began an engineering effort to securitize Citicorp’s fixed income business and move it off the balance sheet. In 1998, he was given additional responsibilities as Co-Head of the Principal Agents Office and was responsible for more than… 50 billion dollars In securities assets, real estate loans, reserves and deposits. In addition, Mr. Tabashi He was responsible for expanding Structured Finance Groupwhich became a cornerstone of Citibank’s fixed income business plans prior to the Citicorp-Travelers merger.

In 2000, Mr. Tabashi Participated in its founding South Street SecuritiesAnd Matrix Applications and many previous companies. South Street Securities he New YorkA broker/dealer specializing in securities financing and high-quality securities repurchase agreements. He is Chairman of the Board of Directors Independent Merchant and Merchant Association (IDTA) and in May 2021was elected to the DTCC Board of Directors for a five-year term. Mr. TabacciFINRA Certifications include Series 7, 63, 27 and 24.

on South Street Securities Holdings Company

South Street Securities Holdings Company It operates through wholly owned subsidiaries. Subsidiaries include: South Street Securities LLCa FINRA and a SiPC member, who holds FICC Tier 1 membership and focuses on US Treasury bond repo dealer financing, agency MBS, TBA mortgage origination hedging, and equity financing. Matrix Applications, LLC,Technology and back office services company, South Street Capital Management, LLCasset management company, and Amerifit Securities, Inca FINRA and SiPC member who holds second Registered service-disabled veteran and minority-owned broker dealer.

About Digital Prime Technologies

Through a multi-faceted product suite, Digital Prime Technologies enables its clients to quickly and easily deploy a full range of digital asset solutions spanning execution, brokerage and lending. The digital asset sector is complex and rapidly evolving, and Digital Prime Technologies is built on TradFi principles and industry practices that are fundamental to regulated securities markets in the United States. Digital Prime Technologies’ offering enables brokers, dealers and capital markets firms to transact in digital assets with robust, fully customizable services that fit their business and compliance needs.

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Source: Primary Digital Technologies

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