BX3 Capital, a blockchain fundraising and advisory firm has brought on board two new members to its personnel: tax expert Mike Minihan and business attorney Jay Arcata. Arcata has taken the role of VP Client Operations for the firm.
Strengthening Blockchain With Professional Expertise
Mike Minihan has garnered over 20 years of experience as an international tax attorney and entrepreneur, having worked with almost every facet of international taxation before partnering with BX3. Minihan has held positions in private industry, the Internal Revenue Service and in the Big Four public accounting and tax consultancies KPMG and PwC.
Minihan is no stranger to business advising, as he was a founding partner of WTP Advisors, a boutique international tax consulting firm that specialized in compliance issues and tax structuring assistance. Minihan has also founded a host of other startups in the tax-focused space. After he sold WTP, he proceeded to his position with the International Income Tax practice of Ryan, LLC, where he worked until his retirement.
Although Minihan had retired, he was allured by the technological breakthrough of blockchain, which had ultimately pulled him back into the workforce with BX3 Capital.
The tax expert said:
“It’s a truly exciting time to be involved in blockchain and cryptocurrency projects, and I am eager to provide my knowledge of best practices in entrepreneurship, business and regulatory matters to clients, and to the future of the industry at large.”
BX3 Capital And The New VP Client Operations
Jay Arcata is an attorney and business advisor. He joins BX3 Capital as VP Client Operations, after the past several years of working as a partner at Halloran Sage, a major law firm in Connecticut. Arcata was a business litigator and general counsel at Halloran Sage, having served a wide range of businesses, providing advice on a wide scope of matters.
He founded the Halloran Sage’s Cybersecurity, Data Privacy and Technology practice group, where he served as chair, guiding businesses through evolving regulatory obstacles and providing knowledge on emergent technologies such as blockchain and smart contracts. The business advisor has published works in the cybersecurity, data privacy and emerging technology sectors. He has also appeared in several television and media outlets to air his insights and knowledge about these areas.
He joined BX3 due to his belief in the transformative power of blockchain.
“I am excited to apply my legal experience, business acumen and knowledge base to shape the future of BX3 and its clients,” said the business advisor.
BX3 Capital is a firm with interdisciplinary overlay in the fields of banking, marketing, accounting, finance, tax, and law. It primarily operates to assist businesses in the blockchain and cryptocurrency space.
The firm is hopeful that blockchain technology will inevitably lead to increased pushback from regulators who see bad actors and noncompliant parties that take advantage of the decentralized aspect of the crypto industry.
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