Uber and Airbnb investor Jeffrey Wernick joins BitForex’s advisory board
Cryptocurrency exchange BitForex on Monday announced that early Bitcoin investor Jeffrey Wernick would be joining its advisory board. Apart from Bitcoin, Wernick had the foresight to invest in other billion dollar companies, such as Uber and Airbnb, in their nascent phase.
“BitForex is happy to announce the joining of veteran investor Mr. Jeffrey Wernick to its advisory board. He is joining a rich advisory board at BitForex and his advisory role will help guide BitForex’s international growth and development strategies. Jeffrey’s background in trading, quantitative research and venture investment gives him privileged expert insights, which will help BitForex’s continuous and steady growth,” BitForex said in a press release.
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Over the span of his 40+ years’ career, the newest BitForex adviser mainly dealt with technology-focused investments and those related to the blockchain industry.
Jeffery started trading when he was studying at the University of Chicago. After his stint with the National Bank of Detroit, he set up a technology-focused venture capital firm and created a hedge fund to invest in distressed and bankrupt companies, helping to restructure their balance sheets. As an angel investor for Uber and Airbnb, his focus “expanded to the sharing economy, blockchain technologies, data sovereignty and Bitcoin adoption.”
In its press release, BitForex reiterated its commitment to become a global market based on a unique business strategy, world-renowned advisory board and investors. Recently, the exchange had announced the launch of its own token, the BF Token.
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“With the launching of BF Token, continuous listing of high-quality tokens and addition of digital derivatives to its array of products and services, the top ten trading platform is aggressively escalating its business to the next level, making it fully ready for the global users,” the release read.
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