Caspian, the full-stack crypto trading and risk management platform for institutional investors and sophisticated traders, has announced the appointment of AirSwap Co-founder, Michael Oved, MelonPort Co-Founder & CEO, Mona El Isa and cryptography expert Ivan Damgaard to its board of strategic advisors.
“We’re absolutely delighted to welcome Ivan, Michael and Mona to the team of advisors as we build the leading full stack crypto trading platform for institutional investors and sophisticated traders. All of them bring a wealth of experience from their respective fields that are highly relevant for our platform and I am particularly looking forward to being able to access their knowledge as we continue to drive this project forward,” said Robert Dykes, CEO of Caspian.
Jehan Chu, Caspian’s Chief Strategy Officer, commented: “We’re very excited to have some of the best minds in decentralization advising us as our project moves into a new and exciting phase.”
Michael Oved is a veteran algorithmic trader, who helped build VirtuFinancial’s Asian operation into a multimillion dollar business before co-founding AirSwap. In his role with Caspian, he will be advising on overall strategy. Oved’s company AirSwap, just opened its decentralized token trading marketplace on April 25th which saw $1 million worth of trades made over the platform within the first 24 hours of launch.
“By providing a holistic platform for institutional investors to manage investments in cryptocurrency, Caspian is strategically positioned to drive exponential participation in crypto-trading through an integrated, solution-driven approach. I’m looking forward to joining the team in an advisory capacity to empower the scaling of institutional trade,” said Oved.
Mona El Isa is a former star trader at Goldman Sachs, who was promoted to Vice President at 26 and went on to co-found Melonport AG with RetoTrinkler in Switzerland in 2016. She was named in ‘top 30 under 30’ lists for Trader Magazine in 2008 and Forbes Magazine in 2011. Mona, who studied Economics and Statistics at University College London, also worked for macro fund Jabre Capital between 2011 and 2014 before moving into the world of blockchain technology.
“Cryptocurrencies will play an increasingly big role with institutional players, yet sophisticated analytical tools are not available for this asset class. It is exciting to see that Caspian is one of the first companies attempting to fill this gap by providing institutional quality crypto-tools for both centralized and decentralized OEMS. I’m looking forward to joining the team in an advisory capacity, with the vision of one day being able to use the tools myself,” said El Isa.
Ivan Damgaard is a cryptography expert who is considered to be one of the founding fathers of Secure Multiparty Computing (SMC) and the modern hash function. He is a Professor of Computer Science at Aaarhus University in Denmark and the co-founder of Cryptomatic, one of the first commercial firms in cryptography, as well as Partisia and Sepior. Ivan is one of the most cited and published researchers in cryptography, a fellow of the International Association for Cryptologic Research and received the 2015 RSA Award for Excellence in the Field of Mathematics.
“I’m really looking forward to working with the Caspian team to help them with their long term vision of decentralization, as well as integration with distributed exchanges and building more advanced key management solutions leveraging the expertise of Partisia and Sepior. The advisor team that Caspian is assembling is very impressive and I’m honoured to be part of it,” said Damgaard.
Caspian’s multi asset trading platform has been specifically designed to meet the needs of institutional investors who are implementing a diverse strategy that currently requires them to execute trades and maintain target allocations across many exchanges. This fragmentation of crypto-exchanges creates liquidity and slippage issues, as well as a challenging audit and compliance environment.
Caspian provides investors with a comprehensive Order and Execution Management System (OEMS), Portfolio Management System (PMS) and Risk Management System (RMS), backed by experienced customer support. Its features include professional-grade execution, portfolio management and reporting capabilities.