- RULEMATCH adds four new members of the board with deep experience in trading, risk management, cryptography, blockchain and finance.
- Chairman of the Board Dr. Martin Hess is joined by Harald Schnabel, Dr. Jörg Behrens, Dr. Christian Cachin and Frithjof Weinert.
- The new board members help augment the governance of the firm and support its strategic growth.
Zurich, Switzerland; 29 February 2024 – RULEMATCH, the interbank trading and settlement venue for cryptocurrencies and digital assets, today announces the expansion of its board of directors with the election of four new members. Harald Schnabel, Dr. Jörg Behrens, Dr. Christian Cachin serve as independent directors, while Frithjof Weinert will represent the interests of RULEMATCH investors. The new board members join Dr. Martin Hess, who was elected chairman of the board in June 2023. The four new board members, with their diverse experience in trading, risk management, cryptography, blockchain and finance, augment the governance of the firm and support RULEMATCH’s strategic growth plans.
With his background as CEO of BX Swiss AG (Bern Exchange) as well as CEO of Euwax AG, Harald Schnabel brings extensive expertise in trading and exchange operations, where he has over 30 years of experience.
As a former partner at EY and founder of a risk consultancy, Dr. Jörg Behrens has over 30 years of experience in financial risk. His roles in the banking industry include assignments within board risk committees, e.g. at Cembra Money Bank AG (current) or formerly Leonteq AG, and interactions with various financial regulators.
Dr. Christian Cachin is professor of computer science as well as a widely recognized and published researcher from the University of Bern where he has headed the Cryptology and Data Security Research Group since 2019. During his career, he has worked for IBM Research – Zurich for more than 20 years.
Frithjof Weinert – in his role as CFO of Consensys Mesh, an early investor in RULEMATCH – joins the board as a director to represent external investors. He has 18 years of experience in commercial management, audit, internal audit, accounting & reporting, corporate finance, tax, treasury and finance shared services.
Chairman of the Board Dr. Martin Hess commented: “Governance is always an important subject for financial institutions and the companies that serve them. It is even more important that this governance reflect a wide array of knowledge and experience as we have with our new board members at RULEMATCH.”
Dr. Martin Hess, a partner at Künz Hess MacNab, has extensive legal experience in banking and finance as former legal counsel at the Swiss National Bank and twice expert for the International Monetary Fund, as well as expert advisor in the preparation of several Swiss laws, including as the Swiss DLT Law.
He also added: “With our expanded board of directors, RULEMATCH is well-positioned to serve banks and securities firms with stability and integrity and help power the next evolution of the digital asset market.”
The information about RULEMATCH is for general informational purposes only and should not be considered exhaustive. They do not imply any elements of a contractual relationship nor any offering. The information contained herein is directed at banks and securities firms. Any person without professional experience in matters relating to investments should not rely on this information.
RULEMATCH contact:
Ian Simpson
Director of Marketing & Communications
About RULEMATCH
RULEMATCH is the premiere digital asset trading venue for financial institutions. It operates as a market operator for spot trading of BTC and ETH versus USD. RULEMATCH is never a counterparty in trading. Fiat funds are held in fiduciary accounts with a state-guaranteed, AA-rated Swiss bank and cryptocurrencies are handled on fully segregated wallets. With integrated multilateral clearing and post-trade settlement, as well as institutional-grade trading technology, RULEMATCH helps provide ultra-low latency, capital efficient trading and robust market integrity. Its offices and operations are located in Zurich – the heart of Europe. Its participant network is open to banks and securities firms only and limited to select countries. RULEMATCH is not available to US-based financial institutions.