CME Ventures Executive Joins Chamber of Digital Commerce Board of Advisors
The Chamber of Digital Commerce has announced the appointment of CME Ventures’ Rumi Morales to its Board of Advisors. CME Ventures is a wholly owned subsidiary of CME Group, one of the largest options and futures exchanges. CME Ventures invests in startups that could have an impact on the financial services industry. They’ve made minority stake investments in early stage companies involved in distributed ledger and digital asset technologies.
Morales is the Executive Director of CME Ventures. Before that, she led Goldman Sachs’ Global Markets Institute in Hong Kong. Regarding her appointment to the Chamber’s Board, Morales said:
"Blockchain technology is beginning to transform the way financial markets operate and holds the same potential for risk management. 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 consists of industry leaders and innovators in the blockchain technology sphere. By bringing on CME Ventures’ Rumi Morales, the entire blockchain ecosystem stands to benefit from her experience and direction. See their full press release below:
December 7, 2016 – Washington, D.C. – The Chamber of Digital Commerce proudly announces the appointment of Rumi Morales to its distinguished Board of Advisors.
Morales leads CME Ventures, a wholly owned subsidiary of CME Group, the world’s leading and most diverse derivatives marketplace. CME Ventures makes minority stake investments in early stage companies that may impact the financial services industry, including digital asset and distributed ledger technologies.
Before joining CME Group in 2010, Morales led the APAC business of Goldman Sachs’ Global Markets Institute in Hong Kong. She was named to Crain's Chicago Business 2014 Tech 50, Institutional Investor's 2015 and 2016 Fintech Finance 35, and Crain's Chicago Business 2015 40 Under 40 lists.
“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 & 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.”