Tassat has appointed Glen Sussman as its new CEO, effective August 19, 2025. Sussman, who has been with the company since 2021, previously held the roles of President and Chief Strategy Officer. He succeeds Zain Saidin, who will continue to serve on Tassat's board and as a senior advisor, focusing on institutional growth strategies. Under Sussman's leadership, Tassat plans to expand its Lynq real-time settlement network and accelerate the adoption of stablecoins, tokenized deposits, and digital asset securities. The company aims to build a compliant, institutional-grade financial infrastructure.