Founder of blockchain technology firm ConsenSys Joseph Lubin has been appointed to the oversight body of crypto startup ErisX. The news was published in an official press release dated January 17.
The Crypto Exchange ErisX a reboot of the futures market Eris Exchange, which was founded in 2010. In December 2018, ErisX raised € 24 million from Fidelity Investments and Nasdaq Ventures. It is expected that ErisX 2019 will offer spot trading in Bitcoin (BTC), Ethereum (ETH) and Litecoin (LTC) as well as futures markets.
According to the announcement, Lubin has joined the board of directors of ErisX together with fintech entrepreneur Cris Conde.
The company emphasized Lubin’s expertise and “broad digital asset experience”. ConsenSys CEO further said that “2019 is likely to be a breakthrough year for digital assets.”
Prior to joining ErisX, Cris Conde co-founded the software company Devon Systems, which was acquired in 1987 by SunGard, a provider of software for the financial industry. Led by Conde, SunGard was reportedly one of the few software and services companies to be included in the Fortune 500 list.
Last month, ErisX announced the appointment of Matt Trudeau as Chief Strategy Officer (CSO). In his new role, Trudeau is said to be tasked with exploring new ways to grow revenue and driving forward efforts to drive the company’s market structure.
In October, retail broker TD Ameritrade announced its support for ErisX along with its affiliate DRW Holdings and high-speed distributor Virtu Financial. The parties have reportedly agreed to become the market maker for ErisX, which is expected to result in a larger order book for the stock market.