Founder of the blockchain technology society ConsenSys Joseph Lubin was appointed to the board of directors of the cryptocurrency startup ErisX. The news was revealed in an official press release published on 17 January.
Cryptocurrency exchange ErisX is a reboot of a forward market Eris Exchange, originally set up in 2010. In December 2018, ErisX raised $ 27.5 million from Fidelity Investments and Nasdaq Ventures. In 2019 ErisX will offer both spot trading in Bitcoin (BTC), Ethereum (ETH) and Litecoin (LTC), and futures markets.
According to today's announcement, Lubin joined the board of directors of ErisX together with the entrepreneur fintech Cris Conde.
The company highlighted Lubin's experience and "a broad background in the space of digital assets". The CEO of ConsenSys also predicted that "2019 will probably be a decisive year for digital resources".
Cris Conde, before joining ErisX, was one of the co-founders of the software company Devon Systems, which in 1987 was acquired by SunGard, a software provider for the financial sector. Under Condé's leadership, SunGard has become one of the few software and services companies to make the Fortune 500 list.
Last month, ErisX announced the appointment of veteran exchange founder Matt Trudeau as his Chief Strategy Officer (CSO). In his new role, Trudeau will be tasked with exploring new avenues for revenue growth and driving the efforts of the company's market structure.
In October, the commercial brokerage firm TD Ameritrade, together with the investment company DRW Holdings and the high-speed trader Virtu Financial, announced their support for ErisX. The parties would have consented to become a market maker for ErisX, which should guarantee a deep order book for the exchange.