SKALE Foundation Promotes Fabio Tomaschett to President
Former VP of Business Operations brings deep experience in crypto banking, institutional blockchain adoption, and ecosystem development to lead the Foundation into its next phase of growth.
Vaduz, Liechtenstein The Network of Decentralized Economics Foundation (SKALE Foundation) today announced the promotion of Fabio Tomaschett to President. Previously serving as Vice President of Business Operations, Tomaschett will take on an expanded leadership role as the Foundation supports SKALE's continued growth and its strategic expansion into privacy, payments, and AI-driven commerce.
Tomaschett brings a unique combination of traditional financial services expertise, institutional blockchain experience, and operational knowledge of the SKALE ecosystem. An early participant in the evolution of crypto banking, he previously served as Head Tokenization Customers at Bank Frick in Liechtenstein, where his work focused on tokenization and banking services for fintech companies and institutional blockchain clients. His experience helped bridge the gap between emerging blockchain businesses and the traditional financial infrastructure required to support their growth.
Since joining the SKALE Foundation, Tomaschett has played a key role in business operations and ecosystem development, bringing an institutional perspective to the challenges and opportunities of scaling blockchain adoption.
"Fabio brings exactly the combination of experience and leadership the Foundation needs at this stage of growth," said Jack O’Holleran, Council Member of SKALE Foundation and co-founder of SKALE. "He understands not only the technology and its potential, but also what it takes to support an ecosystem and create sustainable businesses around it. His experience in traditional finance, crypto banking, and the SKALE ecosystem puts him in a strong position to help drive our next phase of growth."
The appointment comes at an important time for SKALE as the network expands its presence on Base and advances initiatives focused on privacy, payments, and AI-driven commerce. These emerging markets create significant opportunities for blockchain infrastructure that can deliver scalability, predictable costs, and confidentiality for businesses and their customers.
As President, Tomaschett will lead the Foundation's strategic direction, deepen relationships across the ecosystem, and advance collaboration with developers, validators, institutions, and commercial partners. A central priority will be accelerating real-world adoption while supporting the network's long-term growth and sustainability.
"Blockchain has made enormous progress, but there is still a significant gap between what the technology can do and what businesses need to adopt it at scale," said Tomaschett. "SKALE has an opportunity to close that gap by making blockchain more practical, accessible, and economically sustainable. The foundation plays a key role in nurturing that growth. I'm excited to take on this role and work with our ecosystem to bring the next generation of applications and businesses onchain."
Tomaschett's promotion reflects the Foundation's commitment to strengthening leadership and positioning SKALE for its next stage of development, as blockchain adoption expands beyond crypto-native applications into mainstream financial services and commerce.
