Digital Asset has added three prominent executives to its board of directors, the blockchain developer announced on Wednesday. The new boardroom figures are Blackstone (NYSE:BX) executive vice-chairman Tony James, Deutsche Boerse (DE:DB1Gn) executive director Stephan Leithner, and former Amazon (NASDAQ:AMZN), Google (NASDAQ:GOOGL), and Uber engineering executive AG Gangadhar.
Digital Asset CEO Blythe Masters commented on the hires:
“Digital Asset is on an ambitious path to deliver the first DLT [distributed ledger technology] solution to power systemically consequential marketplaces. It is now time to scale access to our technology to meet rising demand.”
“Tony, AG and Stephan bring unparalleled experience in driving scale in private equity, technology and financial industries. They will help shape our strategy and accelerate our mission to unleash web-paced innovation across multiple industries,” she added.
James and Gangadhar join a board of directors that includes the company CEO and founders Sunil Hirani and Don Wilson. Among the board members are also Peter Hiom, deputy CEO of the Australian Securities Exchange (ASX); George Nunn, COO of Global Markets Americas at BNP Paribas (PA:BNPP); and Sanoke Viswanathan, CAO of JPMorgan’s Corporate and Investment Bank.
Commenting on his new position, James said:
“Blockchain technologies have enormous potential. Digital Asset has both the leadership and the technology it needs to deliver. I'm delighted to play a role in guiding the company.”
Last year, James’ family office, Jefferson River Capital, led Digital Asset’s Series B funding round, which raised $40 million from investors including the ASX, Goldman Sachs (NYSE:GS), IBM (NYSE:IBM), BNP Paribas, CITI Bank, and JP Morgan.
Digital Asset offers DLT solutions, serving customers from offices in New York, London, Sydney, Zurich, Budapest, and Hong Kong. The company provides the technology for the ASX, which is entirely replacing its Clearing House Electronic Subregister System (CHESS).
Masters is a former managing director at JPMorgan (NYSE:JPM) and has also worked at Spanish banking group Santander (MC:SAN) and blockchain project Hyperledger. She joined Digital Asset as CEO in February 2015.
This article appeared first on Cryptovest
