CME Group executive Rumi Morales has been appointed to the board of advisors of the Washington DC based trade association representing the digital asset and blockchain industry with policymakers and regulators – the Chamber of Digital Commerce .
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Morales leads CME Ventures, a wholly owned subsidiary of CME Group, which makes minority stake investments in early stage companies that may impact the financial services industry, including blockchain technologies. Before joining CME in 2010, Morales led the APAC business of Goldman Sachs’ Global Markets Institute in Hong Kong.
“Blockchain technology is beginning to transform the way financial markets operate and holds the same potential for risk management,” said Morales. “The Chamber of Digital Commerce is securing the future of this technology by driving appropriate policy, and CME Group is committed to advancing this shared vision and encouraging innovation in fintech.”
“The Chamber made great strides in increasing the public-private dialogue since our inception just 30 months ago, however there is much work to do to promote the advancement of blockchain-based technologies,” said Perianne Boring, founder and president of the Chamber of Digital Commerce. “Rumi brings a wealth of energy and experience and we are excited to have her on our team.”
“To foster institutional adoption of blockchain-based technologies, established financial leaders like CME Group are critical for the transition from promise to reality,” said Matthew Roszak, Chairman of the Chamber of Digital Commerce. “We are honored to welcome Rumi Morales to our advisory board, as the Chamber will greatly benefit from her leadership and expertise.”