02/08/2018 12:00

Qurrex announced today that Jose Luis Coirolo will join the Qurrex team to create the first of its kind hybrid cryptocurrency exchange platform. 

Jose Luis Coirolois the Founder and Managing Partner at Sapient Venture Partners, anadvisory services firm with deep domain expertise across multiple layers of the technology stack, from trading applications and platforms, core infrastructure in Market Data Services, Data Management, and Order Execution., He brings exceptional expertise and experience in data access, operations and support of data and technology in the financial industry.

 “We are excited to welcome Jose Luis Coirolo to our team. His expertise and unmatched experience in application integration, financial analysis and big data administration will be hugely beneficial and rewarding to Qurrex.I am confident that Jose Luis Coirolo will make an important contribution to our company” – said Qurrex CEO Matthijs Johan Lek.

Jose Luis Coirolo graduated with honors from the University of North Carolina in Chapel Hill and completed his MBA at the University of Deusto, in Spain. Mr. Coirolo was the Managing Director at NYSE Euronext and InterContinental Exchange responsible for overall Data Management Services (DMS) business strategy and Advisory Services within NYSE Euronext's Global Market Data function. Prior to that, he was the Head of Market Data Services at Caxton Associates LLC and previously with Donaldson, Lufkin & Jenrette.

Qurrex is designed to meet the challenges of the dramatic appreciation of cryptocurrencies resulting in increasing demand from brokers and institutional investors.  The platform offers a novel decentralized solution to provide secure, high performance trading that will utilize knowledge which has been accumulated from the traditional and blockchain exchange platforms. Although the new trading terminal is currently being prepared for service and undergoing updates and expansion of its functionality, the broad public will be able to familiarize itself with the trading terminal and test it in March 2018. 

Qurrex’s new generation platform integrates the industrial centralized infrastructure of traditional stock exchanges (CEX*) like NASDAQ, NYSE, LSE with a decentralized blockchain-based exchange (DEX*).  The platform will substantially increase the market’s liquidity and set a new standard for crypto-exchange products.  Its reliability, security and speed are game changers for the crypto industry and professional traders alike.

This new generation exchange will encompass the best features of traditional exchanges with the advantages of a decentralized system, by including the institutional centralized infrastructure of a traditional stock exchange such as NASDAQ, NYSE, LSE as a node within a decentralized blockchain protocol. Qurrex is in the process of developing this secure, high-performance trading platform, which is currently available only as a test version.

The Qurrex team believes that its project will become a major gateway for professional institutional stock exchange participants to join the crypto economy.

About Qurrex

A team of seasoned professionals with expertise in investment banking, stock exchange infrastructure development, and business development under the leadership of its Netherlands -based CEO Matthijs Johan Lek has launched the first of its kind hybrid cryptocurrency exchange platform.  Qurrex, initiated in November 2016, has integrated industrial-grade infrastructure of traditional stock exchanges with a decentralized blockchain network..   Matthijs Johan Lek has had over twenty years of experience in finance and investment banking and in leading financial institutions.  His team includes knowledgeable traders and consultants with significant roles in the cryptocurrency community as well as accomplished architects and experts of traditional stock exchanges from various countries.

Qurrex is attracting funds to support the development of the first of its kind hybrid cryptocurrency exchange, which will encompass the best features of traditional exchanges and offer blockchain technologies for brokers and investors.  Qurrex plans to launch its ICO in winter 2018 and aims to attract 50 million USD ($50,000,000).  ERC20 Tokens will be available for sale in Bitcoin and Ether, or in USD and Euro. The initial price of one token is 1 US dollar ($1.00 USD). No tokens will be issued after the ICO, and the undistributed tokens will be burnt.

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