The former Vice President of Goldman Sachs and ex-Head of CME Ventures, Rumi Morales, has joined Blockchain investment firm as a partner.
Rumi Morales has partnered with Outlier Ventures, which is based in the United Kingdom. Outlier focuses its investments on internet infrastructure and the convergence of distributed ledger technology like the blockchain with other advanced technologies such as artificial intelligence [AI], robotics, and the internet of things [IoT].
Morales, said in a statement:
“The team at Outlier spotted the convergence of distributed ledger technology, IoT and AI very early and we couldn’t be closer in our thinking on where value is being created for the economy of tomorrow,”
Morales, in her past part at CME Ventures, was the investment arm of the Chicago-based CME Ventures, Morales was in charge of early interests in blockchain startup Ripple, circulated record startup Digital Asset Holdings, and payment supplier Dwolla.
All the more comprehensively, Morales initiated interests in blockchain organizations and in addition to this, organizations that represent considerable authority in man-made reasoning [AI], IoT, and quantum computing.
Founded in 2014, Outlier Ventures is a venture platform focused on building the infrastructure for the next phase of the Internet. Their investment philosophy is based around the idea of the Convergence Ecosystem. Outlier views blockchains and other decentralized tools like tokens as a new data layer enabling other technologies like AI and IoT to combine and converge.
Outlier is presently investing resources into advancements of start-ups like IOTA, Fetch.AI, and Ocean Protocol.
Around half of Outlier’s portfolio is as of now situated in North America, and in spite of the fact that the firm has an office in Toronto, Morales will be the association’s first feet on the ground of the United States. She’ll center around developing deal flow in the US advertisement, constructing new connections, and will work intimately with institutional financial specialists.
Jamie Burke, CEO of Outlier’s, said:
“We’ve kind of been doing the same thing and we’re both kind of coalesced on the same thesis, and that’s why it was such a good fit,”
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