ErisX announced through a press release dated 7 February, its addition to workforce three top executives from Youtube, Barclays, and Pico-Quantitative Trading.
We had earlier covered news which talked about ErisX’s appointment of a new Chief Strategy Officer. The new executives plus their portfolios are Robert Thrash, Chief Operating Officer, Arnold Connell, Head of Infrastructure and John Denza, Business Development Executive.
Robert emphatically cited:
“ErisX has assembled an impressive team of experts to build the most robust, secure and regulated digital asset platform. Leveraging intermediary relationships and their diverse group of investors, ErisX will help both institutional and individual participants access these markets.”
To note the achievements of the new staff members, Robert is a derivatives executive with wide experience spanning execution services, prime brokerage and trading. Arnold is a core technologist who has worked on cutting edge projects. John has an in-depth exchange and a fintech experience.
From what we gathered, the new talent-pool buildup comes as part of an initial effort to gear up for the launch of ErisX’s spot trading for bitcoin, ether, bitcoin cash and litecoin later this year. There are also plans for futures trading with the same assets.
ErisX is planning to leverage the new talent from a diverse set of industries and further secure its position as a reliable cum progressive institutional cryptocurrency trading platform. Robert substantiated on this stressing the strategic position of cryptocurrencies among technology, regulations, and finance.
Thomas Chippas, Chief Executive Officer of ErisX conveyed his take on how top performers in the financial sector are attracted to budding technologies which use their skills to build systems from scratch. He maintained ErisX’s stance on attracting top talent and leaders.
To add more icing, ErisX also added two new board members, Joseph Lubin, who is Consensys founder and fintech entrepreneur Chris Conde, in mid-January. ErisX is surely on the trajectory to get maximum productivity from fintech pioneers.
While corporate ‘brain drain’ is most common in other industries, this is becoming a routine in the arena of cryptocurrencies also. The most promising gain that fintech experts see is the development of the technology to foster cashless transactions. Surely for such intellectual giants, monetary gain is secondary!