Former Citadel CEO joins blockchain startup Axoni

Announcements | May 24, 2016 By:

Axoni has announced the appointment of former Citadel Technology CEO Thomas Chippas as its chief operating officer.

Chippas has a long track record in the finance and trading industry; CEO of high-frequency trading firm Citadel Technology; Managing Director at Barclays Capital and Deutsche Bank; Principal of Electronic Trading Services at Bank of America.

As chief operating officer of Axoni, Chippas’ mission statement is now to be responsible for driving ongoing development of Axoni’s products and services, managing and broadening commercial engagements, and scaling the growing organization.

“The world’s leading financial institutions are embracing distributed ledger technology to reduce costs and unlock new opportunities to interact with their clients and counterparties. Axoni has proven itself in multiple proofs of concept, creating substantial interest in our capabilities. Tom brings a broad skill set and industry expertise to supplement that momentum. We are thrilled to have him join the executive team,” said Axoni CEO Greg Schvey.

Axoni is a New York-based blockchain solutions provider.