Lendingblock, the open exchange for cryptocurrency loans, announces appointment of Luca Sbardella as Chief Technology Officer
Company introducing securities lending to the crypto world adds further weight to its experienced management team ahead of ICO
London, 4 April 2018: Lendingblock, the open exchange for cryptocurrency loans, today announces the appointment of Luca Sbardella as Chief Technology Officer.
Luca is an experienced software engineer and quant developer, having worked as a CTO, lead software engineer and senior quant developer at BAML, BMLL Technologies and Citigroup. During this time, he had extensive experience as a senior quantitative developer on trading desks working closely on interest rate options and exotics.
Prior to this he was was a hedge fund manager at Investec, developing the technology and algorithmic part of a quantitative hedge fund product. Luca has also been a trader himself, trading in currency, currency options and fixed income for Ulpia SA, JWM Partners and Nomura.
Luca holds a Masters Degree in Aeronautical Engineering, Mathematics, Physics Calculus and Computing and a PhD in Computational Fluid Dynamics and Applied Mathematics from Imperial College London.
Steve Swain, CEO of Lendingblock, commented on the appointment “We are very pleased to welcome Luca to our team, with his wealth of software, quant and trading knowledge. Lendingblock is creating a secure and robust trading platform for use by serious investors as the crypto market matures, underscored by the strength and depth of our team’s experience in technology and finance.”
Luca Sbardella stated “As a passionate developer interested in both in trading mechanisms and the possibilities of blockchain, I am delighted to have joined Lendingblock, which I believe will open up a parallel securities market in cryptocurrency to rival that of traditional financial markets.”
Lendingblock is an open exchange for cryptocurrencies, where borrowers and lenders are matched in a simple, safe and transparent way. It is the first company to bring cross-blockchain securities lending to the crypto world, which means that borrowers and lenders can specify the digital asset they need or are willing to loan. It will be launching in Q3 2018 with Bitcoin, Ethereum and ripple as its first lending currencies. It is launching a pre-sale of its token on the 9th March 2018, followed by an ICO on the 23rd March. The white paper relating to the offer can be found here.
Keturah Prendergast / Aidan Murphy