FORTUNE: How boards are preparing for the rise of crypto

September 1, 2022

Kira Ciccarelli

As blockchain digital assets become more common, directors believe they will influence roles and responsibilities in the boardroom. The once-niche market for blockchain digital assets (BCDAs), such as cryptocurrencies, stablecoins, and non-fungible tokens (NFTs), has gone mainstream. Major retailers accept Bitcoin for payments, and crypto trading platforms have gone public. Despite the recent downturn in the crypto economy, other types of BCDAs are increasingly popular and proving useful to businesses and consumers. As a result, some boards are no longer able to ignore the opportunity or disruptive impact they could have on business. “Cryptocurrencies are quickly becoming a more common form of currency,” says Dottie Schindlinger, executive director of the Diligent Institute, the corporate governance research arm and think tank of Diligent. “With increased attention from stakeholder groups, investors, and regulators, trends around cryptocurrency and other BCDAs should be something directors have a pulse on.” Read the full article here.

About the author

Lead Research Specialist

Kira Ciccarelli is the Lead Research Specialist of the Diligent Institute, the modern governance think tank and global research arm of Diligent Corporation. In her role, Kira researches and produces high-level modern governance reports, blog articles and podcasts designed to inform director decision-making and highlight best practices.

Before joining Diligent, Kira worked in a variety of data-driven research roles, including analyzing global aid funds to the UN Sustainable Development Goals (SDGs) and compiling a meta-analysis of political experimental findings for the Analyst Institute. She holds a BA in Public Policy from the College of William & Mary.