TORONTO, Nov. 26, 2020 (GLOBE NEWSWIRE) — Routemaster Capital Inc. (the “Firm” or “Routemaster”) (TSXV: RM) is happy to announce it has appointed Trapp Lewis, former senior government at Alibaba Group and Yahoo! and present Managing Director of Palmetto Ventures, to its advisory board. The advisory board of the Firm at the moment consists of Wouter Witvoet, Olivier Francois Roussy Newton and Trapp Lewis.
“Trapp Lewis has a wealth of experience in identifying promising global investment opportunities evidenced by his early recognition of Alibaba Group’s potential and later through his extensive portfolio of investments, including Flexport,” mentioned Wouter Witvoet, who can be a member of the advisory board of Routemaster. “We are very pleased to welcome him as an advisor.” Trapp will work with the Firm and its pending acquisition of DeFi Holdings Inc. (see press launch dated November 18, 2020) to determine and develop promising DeFi initiatives.
Mr. Lewis is at the moment Managing Director of Palmetto Ventures, an Asian-based boutique non-public fairness agency specialising in early-stage investments and acceleration for web and digital media belongings. Previous to Palmetto Ventures, Trapp was a senior government with Alibaba Group and Yahoo!, managing international and regional departments accountable for gross sales, advertising and enterprise improvement.
“I am excited to join Routemaster’s board of advisors,” mentioned Mr. Lewis. “I see the decentralization of finance as a natural evolution of where cryptocurrency markets are providing the most innovation at this time. It will also democratize access to financial products. By working with Routemaster, we can grant public markets early access to this growing ecosystem.”
Mr. Lewis holds a Masters Diploma in Enterprise Administration from College of Montana and a Bachelors Diploma in Journalism & Mass Communications from College of South Carolina.
About DeFi Holdings
DeFi Holdings is an organization centered on investing, incubating and managing buying and selling applied sciences related to the fast-growing decentralised finance market. The goal of DeFi is to disrupt conventional monetary system by eradicating middlemen by leveraging the blockchain. Decentralized finance is constructed on sensible contracts. These sensible contracts are open supply and interoperable, promising a extra environment friendly and accessible monetary system.
About Routemaster Capital Inc.
Routemaster Capital Inc. is a Canadian funding firm that carries on enterprise with the target of enhancing shareholder value.
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This press launch incorporates “forward-looking data” inside the that means of relevant Canadian securities laws. Ahead-looking data contains, however shouldn’t be restricted to, statements with respect to the formation of the advisory board, the appointments of advisors and the acquisition of DeFi Holdings Inc. Usually, forward-looking data will be recognized by way of forward-looking terminology akin to “plans”, “expects” or “doesn’t count on”, “is anticipated”, “price range”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates” or “doesn’t anticipate”, or “believes”, or variations of such phrases and phrases or state that sure actions, occasions or outcomes “may”, “may”, “would”, “would possibly” or “will likely be taken”, “happen” or “be achieved”. Ahead-looking data is topic to recognized and unknown dangers, uncertainties and different elements that may trigger the precise outcomes, degree of exercise, efficiency or achievements of the Firm, because the case may be, to be materially totally different from these expressed or implied by such forward-looking data. Though the Firm has tried to determine vital elements that might trigger precise outcomes to vary materially from these contained in forward-looking data, there may be different elements that trigger outcomes to not be as anticipated, estimated or supposed. There will be no assurance that such data will show to be correct, as precise outcomes and future occasions may differ materially from these anticipated in such statements. Accordingly, readers shouldn’t place undue reliance on forward-looking data. The Firm doesn’t undertake to replace any forward-looking data, besides in accordance with relevant securities legal guidelines.
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