Nassim Eddequiouaq (Bastion)

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Overview

Nassim Eddequiouaq is a co-founder and the CEO of Bastion, a company renowned for its role in regulated stablecoin infrastructure. Previously, Eddequiouaq served as the Chief Information Security Officer at a16z Crypto, carving a niche for himself in the field of cryptocurrency and digital asset management. Bastion has rapidly become a pivotal player in the digital finance space, enabling financial institutions to seamlessly integrate stablecoin solutions within their operational frameworks. Over recent years, under Eddequiouaq’s leadership, Bastion has made significant strides, acquiring substantial funding and expanding its technological and regulatory footprint.

Recent Developments

  • September 2025: Bastion announced that it surpassed $40 million in total funding after securing an additional $14.6 million in a strategic round led by Coinbase Ventures, with participation from Sony Innovation Fund, a16z Crypto, Samsung Next, and Hashed. This surge in investment highlights the growing demand for regulated stablecoin solutions among enterprises and institutions worldwide.

    • The new funding is intended to expand Bastion’s stablecoin-as-a-service platform and enhance its capabilities in stablecoin issuance, reserve management, and regulatory compliance.
  • June 2025: Bastion announced a partnership with Figment to integrate enterprise-grade staking capabilities within its stablecoin infrastructure. This strategic move aims to enable companies to earn rewards on Proof-of-Stake blockchains while maintaining high compliance standards.

  • March 2025: To strengthen its regulatory capabilities, Bastion appointed Rohan Kohli as Chief Risk & Compliance Officer and Beth Gibson as Deputy General Counsel. These key hires signify Bastion’s commitment to maintaining industry-leading compliance standards.

  • September 2024: The company was involved in integrating with Borderless.xyz to leverage global banking access, simplifying the process for enterprises to manage cross-border payments using stablecoins.

  • July 2024: Bastion secured a NY Limited Purpose Trust Charter, facilitating the future development of secure and compliant stablecoin issuance platforms.

Personal Information

AttributeInformation
Full NameNassim Eddequiouaq
BornNot publicly available
NationalityUnited States
OccupationCo-Founder & CEO of Bastion
Known ForRegulated stablecoin infrastructure at Bastion
EducationM.S. in Computer Science from EPITA
Previous RolesCISO at a16z Crypto, Security roles at Facebook

Early Life and Education

Nassim Eddequiouaq's academic journey began at EPITA, Ecole d'Ingénieurs en Informatique, where he pursued a Master of Science in Computer Science. This educational background laid the foundation for his future endeavors in technology and security. After his graduation, Eddequiouaq held various security roles that progressively elevated his expertise in cybersecurity and encryption, setting a precedent for his subsequent career in cryptocurrency and blockchain technology. His work at Apple and Docker furnished him with robust experience in dealing with secure hardware and distributed systems.

Career and Notable Achievements

Nassim Eddequiouaq’s professional journey is marked by pivotal roles in the technology and financial sectors:

  • Anchorage (2018-2019): Eddequiouaq was instrumental as a security engineer in developing secure digital currency custody solutions.
  • Facebook (2019-2021): Part of the team responsible for the Libra project, which, despite its ultimate cancellation, provided valuable insights into stablecoin issues.
  • Chief Information Security Officer at a16z Crypto (2021-2022): Here, Nassim honed his skills in managing and securing digital assets, setting a strong foundation for his role in Bastion.
  • Co-Founding Bastion (2023): Nassim, along with Riyaz Faizullabhoy, initiated Bastion, leveraging their experience at a16z to create a secure, scalable stablecoin infrastructure.

Current Work and Impact

Currently, as the CEO of Bastion, Nassim Eddequiouaq leads the company in providing regulated digital asset solutions focusing on stablecoin issuance and utilization. Under his leadership, Bastion has effectively positioned itself to meet the growing demand for compliant digital financial products by offering seamless integration solutions for enterprises looking to adopt blockchain technology. The company is recognized for its comprehensive service offerings, including custodial wallets and regulatory compliance, distinguishing itself from competitors such as Paxos and Agora.

Related Topics

Stablecoin Infrastructure

Bastion's role in stablecoin infrastructure is critical as more corporations look to enter the digital currency space. Bastion's platform simplifies the process of issuing and managing stablecoins, ensuring compliance and secure transactions at scale.

Cryptocurrency Regulation

The evolving landscape of cryptocurrency regulation has underscored Bastion's emphasis on compliance. Nassim Eddequiouaq has been at the forefront of aligning Bastion’s operations with emerging regulatory requirements, facilitating safer crypto adoption.

Conclusion

Nassim Eddequiouaq continues to be a significant force in the cryptocurrency and digital finance sectors. As Bastion grows under his leadership, it is poised to redefine how enterprises interact with stablecoins, focusing on regulatory compliance and secure infrastructures. Eddequiouaq’s deep understanding of both the technical and regulatory landscapes ensures Bastion’s position as a key player in the future of financial technology, with potential lasting impacts on how digital assets are embraced by mainstream enterprises.

References

  1. Bastion Surpasses $40 Million in Funding
  2. Coinbase Leads $14.6 Million Round in Bastion
  3. Bastion Integrates with Borderless
  4. Bastion and Figment Establish Partnership
  5. Bastion Hires Chief Risk & Compliance Officer