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SVRN Appoints Patrick O'Kain as Chief Operating Officer

PR Newswire•04/11/2026•16:15 ET
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Key Highlights

  • ➤Patrick O'Kain appointed SVRN Chief Operating Officer effective November 2, 2026
  • ➤David Schwed transitions to Senior Advisor effective January 1, 2027
  • ➤O'Kain will lead operations, product strategy, and corporate development, including acquired-business integration
  • ➤SVRN expanded into NEAR infrastructure, network governance, and acquired FastNEAR over the past year
  • ➤SVRN disclosed delayed 2025 Annual Report and pending Nasdaq listing hearing among key risks

Expert Statements

Sal Ternullo, Chief Executive Officer of SVRN

“Trust between senior leaders often takes months to form. I've known Patrick for years, and scaling KPMG's crypto advisory practice with him is why I'm certain he is the right hire to accelerate the business”

Sal Ternullo, Chief Executive Officer of SVRN

“Together we helped some of the largest financial institutions in the country make their first moves into digital assets, and Patrick has worked in this space in enforcement, advisory, and as an investor, an extremely unique background suited now to scaling SVRN.”

Sal Ternullo, Chief Executive Officer of SVRN

“The company is entering its second year with a strong foundation in place, and I'm glad to have Patrick on the team driving our next phase of growth.”

Patrick O'Kain, Chief Operating Officer of SVRN

“As AI becomes more capable and increasingly acts on our behalf, I believe it's critical that people retain control over their assets, their information, and the decisions that affect their lives”

Patrick O'Kain, Chief Operating Officer of SVRN

“That's what makes SVRN's mission so compelling to me. I've worked with Sal for years, and I'm joining with a clear understanding of both the opportunities and the work ahead. I know what we can accomplish together, and I'm excited to help turn that potential into real businesses, trusted products, and meaningful value for the people who use them.”

SVRN Appoints Patrick O'Kain as Chief Operating Officer PR Newswire

Former Borderless Capital General Partner, KPMG crypto practice co-lead, and U.S. Department of Justice special agent to lead SVRN's operations

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