Press Release: David Woolcock

28 March, 2025

SmartMoney is pleased to announce the appointment of David Woolcock as Strategic Advisor to both the Board and the CEO and Founder, Alan Scott. This move underscores SmartMoney's commitment to leveraging top-tier expertise as the company prepares for significant growth.

Alan Scott, CEO and Founder of SmartMoney, commented:

"David has been a supporter of our company from the very beginning when we imagined Institutional Crypto would have to use TradFi pipes.  We were too early; as Crypto burnt through consumer investors, we focussed on our core expertise of wholesale FX.  We still believe that Digital Assets will become a mainstream institutional market, and we are well prepared. David has advocated for using blockchain as a potential solution to FX settlement risks and envisions a greater space for hybrid trading using voice and technology to deal with certain types of trades/markets and support relationships. Throughout the journey, David has been a good friend of the company, offering advice and support without any inducement or reward."

David Woolcock also shared his enthusiasm for the venture:

"I’m very excited to assist the company. It’s rare to be part of an innovative initiative set to dramatically change OTC markets for the benefit of the Banks, the Buy-Side and, ultimately, the consumer. It’s a game-changing vision that will have a real impact at a market infrastructure level.  SmartMoney is a good fit with my passions and values as a supporter of the development of the FX market infrastructure ecosystem and an advocate of the FX global code."

About SmartMoney

SmartMoney's mission is to address inequities in the wholesale OTC market. This market is characterised by inherent risks, often mitigated through internalisation - a strategy that can be challenging for smaller participants who often lack the necessary resources. SmartMoney empowers these players, enabling them to gain collective strength and compete more effectively.

In fostering collaboration, SmartMoney helps increase profits and revenue, making smaller participants competitive across various OTC asset classes - particularly in illiquid markets.

For more information, please contact:

Alan Scott

alan@smartmoneydealing.com