Avtar Sehra

Avtar is currently founder and CEO of STBL. Previously founder and CEO of Kaio (formerly Libre Capital), a joint venture by Brevan Howard’s WebN and Nomura’s Laser Digital.

Avtar was an early adopter of Bitcoin and worked on projects such as colored coins. This led him to founding Nivaura in 2014, which was a pioneer in primary market workflow automation for issuing debt instruments, and applying this to enabling tokenised bond issuance. Avtar worked on the majority of early industry tokenised bond and structured product deals, supporting in structuring and executing tokenised instruments and leveraging public blockchains to enable registration and settlement.

Avtar has a PhD in theoretical particle physics and a masters in computational engineering; and is a graduate of Imperial College. After his academic career he transitioned to capital markets, focusing across quantitative risk management, pricing systems and infrastructure. He has worked closely with several financial services regulators and has held MiFID and CASS regulated positions with the FCA.

Avtar Sehra

Latest from Avtar Sehra


Opinion

Why The Market Crashed On October 10, And Why It’s Struggling to Bounce

MSCI’s proposed reclassification and potential index exclusion of Digital Asset Treasury (DAT) companies now looms over the market as a major structural overhang, says Dr. Avtar Sehra, founder and CEO of STBL. This helps explain the lack of a sustained recovery in crypto prices since the October 10th crash.

roaring bear

CoinDesk Indices

The Layer 1 Fallacy: Chasing Premium Without Substance

DeFi and RWA protocols are rebranding themselves as Layer 1s to capture infrastructure-like valuations. But most remain narrowly focused applications with little sustainable economics — and the market is beginning to see through it, says Avtar Sehra.

CoinDesk

Markets

The New Pachinko? Exploring the Economics of Initial Coin Offerings

Why token sales are like the Japanese game of pachinko, and what that means for the future of the novel fundraising method.

electric_city_akihabara_pachinko

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