SVRN Names Patrick O'Kain as Chief Operating Officer
Digital asset firm SVRN has appointed former Borderless Capital executive Patrick O'Kain as its new Chief Operating Officer, effective November 2.
SVRN, Inc. has announced the appointment of Patrick O'Kain as Chief Operating Officer, effective November 2, 2026. O'Kain joins the firm following his tenure as a general partner at digital asset investment firm Borderless Capital, bringing over 20 years of experience in venture capital, institutional advisory, and federal law enforcement.
O'Kain previously helped establish KPMG's cryptocurrency advisory practice, where he collaborated with SVRN CEO Sal Ternullo. His professional background also includes service as a special agent with the U.S. Department of Justice, where he specialized in financial investigations and the development of cryptocurrency oversight strategies.
David Schwed, who has served as COO since October 2025, will transition to a senior advisor role on January 1, 2027. Schwed played a pivotal role in the company’s organizational transition from OceanPal Inc. to SVRN. In his new capacity, he will continue to consult on matters of technology and security.
In his new leadership role, O'Kain is responsible for managing SVRN’s operations, product strategy, and corporate development efforts. The company, which is focused on NEAR Protocol infrastructure, has recently begun expanding its operations, including its first acquisition of FastNEAR, and aims to continue this growth under the new leadership structure.