CRYPTALGO, a Swiss-based institutional crypto-trading and brokerage firm, announced this Monday that it has appointed Ed Mount to its advisory board. Mount will serve as the Chief Adviser of Trading Technologies.
Mount is a specialist in automated database technologies. This includes distributed ledgers/blockchain and their application to foreign exchange, futures and cryptocurrency trading, risk management and workflow processing.
He is the former founder of , a post-trade solutions provider for foreign exchange (FX) and futures. Prior to that, Mount was the Managing Director and Global Head of Electronic FX Trading at and Royal Bank of Scotland.
Co-founder of Bitcoin Foundation
Another senior executive to be appointed to the board is Jon Matonis, the Founding Director of the joins a host of other experienced hands at the company.
Matonis brings a wealth of experience in the cryptocurrency industry to CRYPTALGO. Aside from co-founding the Bitcoin Foundation, he is on the board of Globitex and was on CoinDesk’s editorial board. Before delving into the crypto industry, Matonis worked for Visa and was CEO of Lydia Group, a private equity consultancy group.
Matonis and Mount join a board that is chaired by Tobias Straessle, the former Saxo Bank Chief Information Officer and Chief Operating Officer. CRYPTALGO is headed by Francisco Portillejo Hoyos. The former Head of Derivatives Distribution for EMEA & LATAM at UBS AG is currently the cryptocurrency firm’s CEO.
“Jon and Ed are prominent leaders of their respective industries – having them on board enforces investor interest in the cryptocurrency and blockchain market and continues to align the high standards of practice that CRYPTALGO provides with that of our clients,” said Hoyos. “They are a strong and welcome addition to a team that aims to provide investors with robust, compliant and institutional-grade tools for crypto trading and investments.”
Cryptocurrency based ETFs
Founded in 2017, CRYPTALGO offers connections to 20 crypto exchanges, providing execution services and asset management solutions to institutional clients. The firm is developing a cryptocurrency algo-trading system and is also offering an arbitrage fund and other crypto investment products such as Indices and exchange-traded-funds (ETFs).
Finance Magnates spoke to , CRYPTALGO’s Chief Operating Officer who also served in a few roles within the trading industry, to discuss the appointment of Mount and Matonis to the board.
“It is exciting to have Jon and Ed join what is already a highly professional leadership team,” Said Nissani. “The team combines 3 skill sets and expertise – the expertise to identify financial institutions’ needs and how to sell them, the expertise of developing institutional-grade trading and algo-trading systems and the expertise of building a multi-million dollar company from scratch.”
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