Crypto Trader XTRD Gains Steven Nerayoff As Strategic Advisorbr>
XTRD, a company that provides infrastructure for institutional investors to enter into cryptocurrency, has announced that Steven Nerayoff, one of the original creators of the framework for Initial Token Offerings (ICOs), has joined the company as a strategic advisor.
Nerayoff will advise XTRD as the company begins to roll out their product and onboard institutional clients for the initial trials of their complete trading platform.
“Steve is legend in the world of blockchain and cryptocurrency and to have him onboard with us as we begin to onboard major strategic partners is incredible and truly an honor,” said Alexander Kravets, CEO of XTRD. “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.”
Nerayoff is a blockchain pioneer and is also the chairman of the publicly listed Global Blockchain Technologies. He also founded Alchemist, specializing in blockchain project development and investment. He has advised such companies as Bancor, Ethereum, Factom, GlobalBlockchain, and ZenCash, among others.
His innovative work as the legal architect of Ethereum’s record setting token sale continues to be the basic structure used throughout the world today. Nerayoff innovated the concept of “utility,” specifically using the concept of “gas” or “fuel” for legal purposes.
“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,” said Nerayoff. “What’s more, the team backing them up have the experience, connections, and technical background to make it happen.”
The XTRD build is introducing a new infrastructure that would allow banks, hedge funds, and large institutional traders to easily access cryptocurrency markets. XTRD is currently live with their first product, a unified FIX based multi exchange API for market data and execution co-located at NY4 Equinix data center, with data connectivity across the globe. In development are several other primary solutions.