Digital asset platform Homium Inc. announced that Credit Suisse veteran Tommy Mercein will join the company as chief executive.
Homium’s Brett Markinson, the company’s current chief executive and founder, will move to his new post as executive chairman. The Sherman Oaks-based company focuses on monetizing, securitizing and tokenizing owner-occupied home equity at scale.
Mercein brings experience through more than 30 years spent at Credit Suisse, where he most recently served as vice chairman of investment banking and capital markets, as well as chairman and chief information officer of the company’s pension investment committee. Credit Suisse is headquartered in Zürich, Switzerland.
“I am excited to join Homium as we have the unique opportunity to bring together institutional investors via the capital markets to help homeowners unlock trapped home equity, in partnership with one another and with totally aligned interests to unlock billions in value benefitting homeowners and their communities and creating an entirely new asset class for investors,” Mercein said in a statement.
Homium was developed in partnership with Credit Suisse and other companies throughout the past two years.