23rd December, 2019 - OTCXN has announced today that Mike Lempres has joined the company's Board of Advisors, bringing to OTCXN a wealth of experience in heavily regulated industries and challenging regulatory environments.

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Mike Lempres, OTCXN Advisory Board Member

Mr Lempres is currently Executive in Residence at venture capital firm Andreessen Horowitz and advisor to their Crypto and Blockchain portfolio companies. He is also a member of the Board of Directors of Coinbase Trust Company (Coinbase’s custody business), Silvergate Bank and Bitstamp.

A three-time Presidential appointee and White House Fellow, Lempres has worked closely with two US Attorneys General and has held positions in the US Department of Justice, including Deputy Associate Attorney General. He is the former Mayor of Atherton, California, currently sitting as an elected member of Atherton City Council and is a JD from the University of California, Berkeley - School of Law.

CEO of OTCXN, Rosario Ingargiola commented, “We are honored to have Mr. Lempres on OTCXN’s Board of Advisors. Mike has a great understanding of the needs of fiduciary institutions in order to trade digital assets and he brings a unique perspective to how we think about scaling our business”.

In June 2018, another big name from the industry, David Ogg, ex-CEO of OGG Trading, Lava Trading and Hotspot, also joined OTCXN as Head of Foreign Exchange and Trading Venues.

OTCXN is a next generation trading and settlement platform, offering a multi-custodian blockchain network eliminating counterparty risk, instantly clearing and settling trades and aggregating fragmented global liquidity into a single order book accessible through just one account with any custodian. Other members of the OTCXN senior management team can be viewed HERE.