The Global Blockchain Business Council – a global industry association for the blockchain technology ecosystem – has merged with Global Digital Finance, a market standards association for the adoption of cryptocurrencies and digital assets.
The merger, announced at the World Economic Forum in Davos, sees the two organisations join their respective resources, assets and membership, becoming the world’s largest industry association for the blockchain technology and digital assets ecosystem.
The combined association will have nearly 500 institutional members and 178 ambassadors, operating across 95 jurisdictions and disciplines. Global Digital Finance will be renamed GBBC Digital Finance, based in the United Kingdom, with teams predominantly across EMEA and APAC.
Sandra Ro, CEO of the GBBC, said: “I am so grateful to our GBBC and GDF communities of changemakers. They are why we exist and drive our mission on educating, advocating, and advancing partnerships to create new opportunities for the many, not the few.
“Our global collaboration, scale, and influence will be a game-changer for our members and for Web3 as a whole. I am incredibly excited about the forthcoming positive impact of this combined network across industries and sectors.”
Lawrence Wintermeyer, GDF board chair, has been appointed to the GBBC board of directors. He added: “The rapid growth and viability of blockchain, crypto, and digital assets means there is a clear need for effective, harmonised regulation built on a robust global framework. Leading global institutions and leaders need to work with each other, with governments and with regulators to deliver this framework, and there is a vital role for GBBC and GDF to play in facilitating and driving this crucial collaboration.”