SVRN Appoints Patrick O'Kain as Chief Operating Officer

SVRN, Inc. (NASDAQ: SVRN) announced on November 4 that it has appointed Patrick O'Kain as Chief Operating Officer, effective November 3. O'Kain will be responsible for operations, product strategy, and corporate development, including the integration of acquired businesses. David Schwed will transition to Senior Advisor on January 1, 2027, continuing to provide guidance to management on technology and security. O'Kain has over 20 years of experience in venture capital, institutional consulting, federal law enforcement, and national security, having served as a general partner at digital asset investment firm Borderless Capital, where he was responsible for building and managing the venture capital fund. He also helped establish and expand KPMG's crypto consulting business and previously served as a special agent for the U.S. Department of Justice. SVRN, formerly OceanPal Inc., has expanded its business from managing digital asset reserves to operating NEAR infrastructure, participating in network governance, and completing its first acquisition of FastNEAR. Sal Ternullo stated that O'Kain is well-suited to drive the company's next phase of growth.

This content is provided for general informational purposes only and doesn't constitute financial, investment, legal, or tax advice. Any events, rewards, online promotions, or related information mentioned herein should not be considered a recommendation, solicitation, or invitation to purchase, sell, trade, or otherwise deal in any crypto assets. Crypto assets are highly volatile and may result in loss. The availability of WEEX services, products, and related events may vary by region. You are responsible for ensuring that your participation is in accordance with applicable local laws and regulations.