Founder of Ethereum and ConsenSys Joe Lubin Joins Board of Directors of Crypto Startup ErisX - BITCOIN NET MAGZ

Founder of Ethereum and ConsenSys Joe Lubin Joins Board of Directors of Crypto Startup ErisX

- 19.30
Founder of Ethereum and ConsenSys Joe Lubin Joins Board of Directors of Crypto Startup ErisX

The information was disclosed in an official media release published Jan. 17.

Cryptocurrency exchange ErisX is a reboot of a futures market Eris Exchange, originally established in 2010. Back in December 2018, ErisX raised $27.5 million in Fidelity Investments and Nasdaq Ventures. In 2019, ErisX is expected to being supplying both spot trading in Bitcoin (BTC), Ethereum (ETH) and Litecoin (LTC), and futures markets.

According to today's statement, Lubin has joined ErisX's board of directors together with fintech entrepreneur Cris Conde.

The company highlighted Lubin's expertise and"extensive background working in the digital asset area " ConsenSys' CEO further estimated that"2019 is very likely to be a breakthrough for electronic assets."

Cris Conde, before linking ErisX, has been a co-founder of applications company Devon Systems, which in 1987 was acquired by SunGard, a supplier of software for the financial sector. Under the leadership of Conde, SunGard reportedly became among the few services and software firms to produce the Fortune 500 listing.

Last month, ErisX announced the appointment of veteran exchange founder Matt Trudeau because its chief strategy officer (CSO). In his new function, Trudeau will reportedly be tasked with researching new avenues for revenue growth and driving the business's market structure attempts.

In October, retail brokerage company TD Ameritrade, along with investing company DRW Holdings and high-speed trader Virtu Financial announced their financing of ErisX. The parties allegedly agreed to become market manufacturers for ErisX, and it is anticipated to ensure a deep order book for the exchange.


 

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