Former Bitcoin Foundation Membership Director, Kevin Beardsley, will join Elliptic where he will be in charge of growth with investment funds and trading firms that are looking to securely store bitcoin and blockchain assets.
“Elliptic curves are the mathematical objects that provide the basis for Bitcoin's public key cryptography.”
- Elliptic CTO, Dr. Adam Joyce
Elliptic is also the name given to the London based enterprise startup, which provides deep cold security storage for enterprises known as Elliptic Vault.
The company was founded by three British PhD graduates: Dr. Tom Robinson (COO, PhD in Atomic and Laser Physics from the University of Oxford), Dr. James Smith (CEO, PhD in Computer Science, Machine Translation from the University of Oxford) and Dr. Adam Joyce (CTO, PhD in Mathematics, Elliptic Curves and Modular Forms from Imperial College).
-- Adam Joyce, Tom Robinson and James Smith
James, Tom and Adam made their careers in financial services and startups prior to launching Elliptic. Within one year, Elliptic's client base has grown to include investment funds and publicly listed firms representing more than US$3 billion in market cap. In July 2014, Elliptic closed a US$2 million seed round backed by Octopus Investments. With the funding, Elliptic is further developing their product offering and expanding their team.
Enter new hire Kevin Beardsley. Kevin was formerly the Membership Director at the Bitcoin Foundation where he was hired by Jon Matonis, the former Bitcoin Foundation Founding Board Director and Forbes Columnist renowned for his early writings on Digital Cash and being a ‘pen pal’ of Satoshi.
During Kevin’s time at The Bitcoin Foundation he worked closely with Bitcoin companies globally and introduced Bitcoin to traditional financial service companies throughout Europe. At Elliptic, he will be responsible for leading Elliptic's growth with investment funds and trading firms that wish to custody bitcoin and blockchain assets.
“Kevin’s experience will further our commitment to delivering both best in class technology and deep operational expertise in the financial services industry,” said Elliptic CEO, Dr. James Smith.
Kevin Beardsley stated:
“At Elliptic, we believe that even the best technology is only ever half of the solution. We take the time to make sure the operational details are right, which includes things like onboarding fund administrators, educating management teams, and working with local regulators.”
The challenges associated with securing private keys and blockchain assets are being addressed in real time, and on a global scale. Startups around the world, like Elliptic, are pioneering technology and processes that will set the stage for a new generation of blockchain asset storage.
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