ErisX, a cryptocurrency trading platform, appears to be bolstering its leadership team ahead of its upcoming crypto spot and futures trading launch next year, by adding Matt Trudeau as its Chief Strategy Officer.
Trudeau is a veteran in disruptive technology, with his most recent role being the Chief Executive Officer (CEO) at 10x Markets, an advisory company for startups and fintechs with an emphasis on electronic trading, blockchain, and cryptocurrencies.
At ErisX he will play a key role in the company’s development, especially in regards to its next big product launch of spot and regulated cryptocurrency futures contracts. He will also be responsible for thinking about the company’s long-term plan, beyond the current bear market.
Speaking to CoinDesk, a crypto news site, Trudeau said: “I have seen first hand the difference between market revolutions and more incremental evolutions. Clearly, crypto markets were a bit of revolution at the outset and now it feels more like we are at a stage where it needs to be more evolutionary.”
Market Cap of Meme Cryptocurrency Dogecoin Spikes to Unprecedented LevelGo to article >>
“There is the tactical trading aspects of what’s going on in the market right now. But you need to take the long view. Some of best internet businesses were started after the dotcom crash,” he continued.
Via LinkedIn, Trudeau commented on his new role by saying: “Excited to join ErisX at Chief Strategy Officer. An exceptional, experienced team with marquis investors and broad industry support. Looking forward to building the future of digital assets.”
Matt Trudeau’s Career
During his nearly 20-year career, Trudeau has held a range of positions in trading and fintech advisory based roles. His roles include President and Co-Founder TradeWind Markets, Head of Product & IEX Ventures and Global Head of Product at Chi-X Global (part of Instinet Incorporated), among others.
The addition of Trudeau to the team at ErisX comes less than a week after the company announced that it had closed a Series B funding round, raising $27.5 million. As Finance Magnates reported, the new crypto exchange managed to attract funds from Fidelity Investments and Nasdaq Ventures, among others.