Gemini, the cryptocurrency trading platform founded by twin brothers Cameron and Tyler Winklevoss, announced on Friday its newest addition to its work team, specifically in technology management.
The new addition is Robert Cornish, ex-Chief Information Officer of the New York Stock Exchange (NYSE), and who will be in charge of the exchange’s technology department from now on, and it is expected from him to improve operation and user experience on the platform.
Cornish’s main functions include development of solutions, the creation of operations support and strategy plans to ensure the platform’s effectiveness. Also, he will supervise SMARTS Market Surveillance, a service that currently works as a reference point to keep track of markets in real time.
This technology is utilized by Gemini as a result of its association with NASDAQ, one of the most important stock markets worldwide. The initiative was created with the intention of monitoring commercial activities, in order to detect any possible price manipulation or other criminal activities, automatically, as well as using it as reference to establish the price for the settlement of Bitcoin futures contracts traded in CBOE Future Exchange, LLC. And this is where Cornish’s experience stands out.
With this new position, the markets veteran joins the group of Wall Street experts who bet on innovation and migrated to Blockchain, among which are named Priyanka Lilaramani – Goldman Sachs’ ex-CEO – and David Marcus, former PayPal and Facebook executive.
In the official statement published in Gemini’s blog, Cameron Winklevoss stated:
“Rob comes from the mainland and will help us continue to build this bridge with his experience in leading high-performing engineering teams, his expertise in exchange and matching-engine architecture, and running high-throughput platforms that are secure and resilient. This will ensure that Gemini continues to deliver the best possible platform experience to our customers and set the standards of excellence for the cryptocurrency industry as a whole.”
The announcement seems to be linked with other actions taken by the Winklevoss siblings in previous instances. For example, on April of this year, the twins announced that the company will begin to allow block trading with bitcoins out of its usual order books. Later, in May, they made public the listing of Zcash to the aforementioned crypto-exchange.
It is worth noting that Gemini, in addition to being a promotor of blockchain adoption, is one of the companies with the best reputation in the United States, characterized by complying verbatim with regulatory principles established by BitLicense and other banking statutes corresponding to the state where they operate.