Decentralized finance (DeFi) company Findora on Wednesday has announced that it has on-boarded Balaji Srinivasan, former CTO of , to guide the firm as a strategic advisor.
Srinivasan is also accompanied by Professor Dan Boneh, head of Stanford Cryptography, who took up the same role at the DeFi firm.
Srinivasan is one of the veterans and well-known personalities of the crypto industry. He co-founded and lead Earn.com, prior to its acquisition by Coinbase in 2018. He then took up the role of the chief technical officer at the crypto exchange and continued before parting ways in last May.
Prior to that, he was a general partner at Andreessen Horowitz for 5 years and also co-founded two other companies – Teleport and Counsyl.
“We are excited to welcome Professor Dan Boneh and Balaji Srinivasan to our team as we work towards a new global financial system where users control their own financial data, identity, and assets. These renowned industry experts have unrivaled knowledge in fintech, digital infrastructure, blockchain, cryptography, and beyond, putting them at the forefront of their respective fields,” Charles Lu, chief executive of Findora, said.
Decentralizing financial ecosystem
Launched in 2018, Findora is to anyone to build and make use of financial services, whether they are “individuals, small and medium-sized enterprises, or industry giants.”
In the initial phase, the firm is aiming to add application including open banking, asset securitization, trading systems, and peer-to-peer (P2P) lending solutions.
“Findora’s vision is to be the Internet of the finance world, and to decentralize and revitalize the global financial system,” Professor Boneh added.
“ in our financial institutions. There is a strong need for privacy and data safety features of the type Findora is developing and that will make Findora a powerful hub for storing the world’s financial data. I am excited to work with the team on this technically deep project, and to help Findora achieve its goal of creating a decentralized financial network.”