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Ethereum Co-Founder Joins ErixX Crypto Startup

Ethereum Co-Founder Joins ErixX Crypto Startup
Ethereum / Exchanges / Breaking News

Joseph Lubin is known for many things, two of which include being the co-founder of Ethereum along with Vitalik Buterin and the founder of the blockchain tech firm, ConsenSys. Now, as announced in a recent press release published earlier this week, Lubin has been appointed to the board of directors at the cryptocurrency startup, ErisX.

The crypto startup is a reboot of a futures market Eris Exchange which was originally established nine years ago in 2010. At the end of 2018, ErisX raised up more than $27 million from Fidelity Investments and Nasdaq Ventures. This year, the startup is expected to be offering both spot trading in Bitcoin, Litecoin and Ethereum as well as futures markets.

According to yesterday's press release announcement, Lubin has joined the board of directors at ErisX along with the fintech entrepreneur Cris Conde.

As reported by CoinTelegraph, the firm is clearly excited to have Lubin joining the board of directors as they note his knowledge and expertise saying, “extensive background working in the digital asset space.” The co-founder of Ethereum also gave his thoughts for the future of this year saying that “2019 is likely to be a breakthrough year for digital assets.”

Before he joined ErixX, Cris Conde was the co-founder of the software company, Devon Systems, which in 1987 was bought out by the provider of software for the financial industry, SunGard. And so with Conde at the helm, SunGard reportedly became one of the few new software and service companies to make the Fortune 500 list.

Back in December 2018, the crypto startup exchange announced that they would be bringing in Matt Trudeau as the firm's chief strategy officer (CSO). As the CSO for ErisX, Trudeau will be tasked will looking into spaces for revenue growth in order to push the companies market structure efforts.

The retail brokerage company, TD Ameritrade announced back in October, along with the investing company DRW Holdings and high-speed trader Virtu Financial they would be backing the cryptocurrency startup. Both firms have apparently agreed to become market makers for ErisX, which is expected to ensure a deep order book for the exchange.

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