Ethereum founder to join XTRD advisory board

July 17, 2018
Chris Wheal

Steven Nerayoff, co-creator of the Ethereum network, has joined technology infrastructure company XRTD as a strategic advisor as it rolls out its new platform for bringing institutional investors into cryptocurrency trading.

Steven Nerayoff: Twitter

Nerayoff was one of the original creators of the framework for initial coin offerings at Ethereum and joins XTRD as the company begins its launch of its product aimed at onboarding institutional clients for initial trials of its complete trading platform.

Institutional appeal

XTRD is building a series of applications into its trading platform to appeal to institutional investors, including a low-latency (high-speed) infrastructure, liquidity aggregation to minimize transaction times and it will be building a dark pool for private institutional trading off the public blockchain.

Having already founded seven companies in Silicon Valley and New York City, Nerayoff is a blockchain pioneer – holding 20 international patents – and XTRD will be looking to his influence and experience as it launches its product.

Blockchain legend

Alexander Kravets, XTRD

Alexander Kravets, chief executive of XTRD, said: “Steve is a legend in the world of blockchain and cryptocurrency and to have him with us as we begin to onboard major strategic partners is incredible and truly an honour.”

He added: “His deep knowledge of the industry, unmatched experience, connections, and expertise will prove invaluable for us in the near future.

“It’s also a huge testament to our project and the grand vision we have for a person like him to recognize the potential in our future and we are humbled by that.”

Other projects

As well as co-founding Ethereum, Nerayoff is chairman of publicly-listed Global Blockchain Technologies, founder of blockchain development company Alchemist and was advisor on projects including Bancor, Kudos, Zcash and Steemit.

He said on joining XTRD’s advisory board: “XTRD is fantastic project that is potentially solving one of the biggest challenges in cryptocurrency and providing a mechanism that brings institutional investors into the crypto.

“What’s more, the team backing them up have the experience, connections, and technical background to make it happen.”

Post written by Chris Wheal
Chris Wheal is editor of OpenLedger's news and features service. An award-wining business journalists himself, he runs a team of freelance journalists from across the UK and north America.

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