• Sat, Dec 15, 2018 01:51 AM
  • All times are UTC
  • Edition:
    International
Link copied

Former Cboe Head of Equity Options joins blockchain startup AlphaPoint

Nov 05, 2018 03:40 am UTC

Blockchain startup AlphaPoint has announced that former Cboe head of equity options Kapil Rathi is joining the company as Global Head of Trading Markets.

Rathi, an industry veteran, will bring his extensive experience in capital markets and electronic trading to AlphaPoint. At Cboe Global Markets, he led the execution of Equity and ETF options business strategy across its four options exchanges, which account for over a third of the industry market share.

In addition to Cboe, Rathi has also worked at Bats Options business, the International Securities Exchange (ISE), New York Stock Exchange, and AT&T.

At AlphaPoint, Rathi will lead and manage the company’s trading and exchange business and advance its mission of making illiquid assets liquid for a wider audience of investors.

“Kapil is an incredible market structure expert with deep understanding of regulated securities industry and has played leadership roles in the development of multiple options exchanges,” said Salil Donde, AlphaPoint CEO. “As AlphaPoint continues to develop technology to help firms bring new financial products to market, we are thrilled to have Kapil on board and know that his experience and leadership will support our growth and ongoing innovation.”

Founded in 2013, AlphaPoint aims to help institutions make illiquid assets liquid. Its proprietary distributed ledger platform enables customers to digitize assets as well as launch and operate markets with its white label exchange and asset digitization technology.

In July 2018, the company raised $15 million in a Series A funding round from Galaxy Digital Ventures, a venture investment firm founded by Michael Novogratz. More recently, fintech company Laureate Digital announced that its planned asset digitization, investor portal, and secondary trading will be powered by AlphaPoint.

“AlphaPoint has constantly introduced new innovations and products in the crypto and blockchain space and helped financial institutions like banks, exchanges, brokers, and trading firms in embracing this remarkable technology, such as the newly announced smart baskets,” Rathi said.

<Copyright © TokenPost. All Rights Reserved. >

The commenting service is available only after having logged in.
More
  • Bitcoin (BTC) $3,259.34 (-1.69%)
  • XRP (XRP) $0.289700 (-3.17%)
  • Ethereum (ETH) $84.82 (-2.26%)
  • Stellar (XLM) $0.098900 (-5.95%)
  • EOS (EOS) $1.84 (-0.85%)
  • Bitcoin (BTC) $3,259.34 (-1.69%)
Dec 14, 2018 (Friday)
11:06
Porsche taps BBVA blockchain platform for acquisition term loan
10:04
San Francisco-based security token platform TokenSoft invests in SEC-registered broker-dealer
07:03
PwC Russia partners with Bitfury to launch accelerator for blockchain projects
06:14
Former Apple executive Phillip Shoemaker joins blockchain identity startup Civic
05:11
South Korean internet giant Kakao pumps $15M in Israeli blockchain startup Orbs
03:59
Finablr’s Swych introduces blockchain-powered global gifting and shopping platform using Stellar Network
03:28
UAE, Saudi central banks to co-develop cryptocurrency for cross-border transactions
Dec 13, 2018 (Thursday)
11:34
CULedger latest to join R3 blockchain consortium
10:15
Opera launches new browser for Android with built-in crypto wallet
09:43
Mike Novogratz’s Galaxy Digital Ventures, Fidelity and others invest $4M in crypto lender BlockFi
08:56
UAE Exchange, Ripple to launch cross-border remittances to Asia by Q1 2019
06:56
Maersk, Heidmar and others to trial blockchain-based seafarer certification system
06:18
Blockchain in 2019: Continued mainstream adoption, increased standardisation of platforms and protocols, and survival of the fittest
04:50
Neo Global Capital backs decentralized blockchain computing platform Ultrain
04:12
Indian telecom regulator TRAI completes blockchain pilot with IBM
03:19
Bitwala launches crypto banking services in Germany
Dec 12, 2018 (Wednesday)
11:46
Boerse Stuttgart Group partners with solarisBank to develop crypto trading venue
10:13
Alibaba Cloud, Citi and others join Hyperledger blockchain project
09:59
Growing use of cryptocurrencies and mobile payments forces EU to strengthen rules on criminalisation of non-cash payment fraud
08:55
LINE Plus acquires GrayHash to boost security of fintech and blockchain services
Subscribe to the TokenPost newsletter!
Don't show me this again today.
Back to top
Copyright ⓒ TokenPost. All Rights Reserved.
EconoTimes