Stefan Loesch is a Managing Partner at LexByte, a boutique blockchain consulting firm with the aspiration of becoming a regulated blockchain investment bank. Within LexByte his focus is on developing the security token business, supporting issuers through the process like a regular investment bank would. Stefan is the author of "A Guide to Financial Regulation for Fintech Entrepreneurs" (Wiley 2018), and co-editor and author of the PRMIA Risk Handbook. His book on security tokens is forthcoming. In previous roles he was an Executive Director in DCM and Securitisation at JP Morgan, a consultant in the Corporate Finance Practice at McKinsey & Co, and head of Equity and Forex quant development at Paribas. He holds an MBA degree from INSEAD, and a degree in theoretical physics acquired at the University of Bonn and the Ecole Polytechnique.