Digital Asset expert to drive the financial and product development of the leading euro stablecoin backed by DWS, Flow Traders & Galaxy
AllUnity takes the next step towards becoming the leading provider of euro stablecoins
Frankfurt am Main, March 26th 2025 – AllUnity, a rising leader in euro stablecoins, today announced the appointment of Simon Seiter (34) as Managing Director and Chief Financial & Product Officer (CFO/CPO) effective April 1st 2025. In his dual role Seiter will closely align the financial strategy and product innovation thereby driving forward the development of its leading euro stablecoin as a financial product. AllUnity is backed by industry leaders DWS Group, Flow Traders and Galaxy.
Seiter has extensive background in building regulated digital asset businesses and shaping innovation within major financial institutions as Head of Digital Assets, first at Deutsche Börse Group and later at Hauck Aufhäuser Lampe. In the latter, he was responsible for building out a dedicated digital assets division, including two BaFin-licensed subsidiaries.
During his tenure, he managed the acquisition and scaling of the second licensed crypto custodian in Germany and supervised the establishment of the first regulated management company (ManCo) authorised for crypto funds in Germany and Luxembourg. In addition, he secured one of the first crypto register licenses for the bank. In previous roles both at Deutsche Börse and Commerzbank group he has led several digital asset initiatives.
Throughout his career, Seiter has repeatedly served as both chairman and member of supervisory boards, as well as advised international associations and policymakers – robust governance expertise that he brings to his new role at AllUnity.
“I am thrilled to welcome Simon to our executive team“ said Alexander Höptner, CEO of AllUnity. “His proven experience of driving innovation in regulated financial businesses completes our unique leadership team. Simon’s dual role ensures that we maintain robust governance while fostering product innovation, positioning AllUnity for a strong competitive edge. With Simon joining AllUnity has a truly extraordinary leadership team capable of building markets.“
“The market for regulated euro stablecoins is on the verge of a decisive growth step,” said Simon Seiter, CFO/CPO of AllUnity. “I am excited to join AllUnity in this dynamic phase. My core driver is to build a core component for the future of digital assets. We will extend the value chain of stablecoins as financial products for the whole economy.”
