R. Patrick Quinn is a partner at Cullen and Dykman LLP and leads the firm’s distributed ledger technology practice group. He advises financial institutions, fintech companies, and corporate clients on legal and regulatory matters involving distributed ledger technology (DLT), digital assets, banking, and corporate governance.
Mr. Quinn brings more than 30 years of experience as a C-suite advisor and financial services attorney. He previously served as Senior Executive Vice President, General Counsel, and Corporate Secretary of Flagstar Bank, where he oversaw legal, regulatory, and corporate governance matters and helped guide the institution through significant growth, from under $10 billion to over $100 billion in assets, leading a legal department of more than 50 professionals.
His practice focuses on advising boards of directors and senior management on corporate governance, risk management, regulatory compliance, and strategic transactions, including mergers and acquisitions and capital markets activities, particularly in the financial services sector.
Mr. Quinn has significant experience in emerging financial technologies and digital asset initiatives. At Flagstar, he co-led the development of a tokenized deposit product and helped establish the USDF Consortium. He later served as a Senior Advisor to Deloitte, where he advised on blockchain-based banking, chartering, and payments initiatives.
He also served on the Legal Working Group for the Regulated Settlement Network’s 2024 Proof of Concept, which demonstrated the use of shared ledger technology to support 24/7, atomic, multi-asset settlement involving tokenized securities and central and commercial bank money.
At Cullen and Dykman, Mr. Quinn advises clients on the legal and regulatory aspects of digital asset and DLT adoption, including tokenized deposits, stablecoin and payment-token frameworks, bank– fintech partnerships, reserve and custody structures, and blockchain-based settlement and servicing models.
Areas of Concentration:
- Digital Assets and Distributed Ledger Technology
- Stablecoins and Tokenized Deposits legal and regulatory
- Banking and Fintech