Proactive Investors - Quantum Blockchain Technologies PLC said it has appointed Mark Trafeli as a non-executive director (NED) with immediate effect.
A lawyer, qualified in England and Wales, California and New York, Trafeli has “extensive expertise” in regulation, compliance and corporate governance, the AIM-quoted blockchain company said.
He is currently General Counsel for the Broadway Gaming Group, an enterprise in the online gaming sector with operations in multiple countries and licences from the Gambling Commission of Great Britain.
He also maintains a private law practice advising on UK and USA-related financial services, stock exchange regulation, commercial contracts, M&A, corporate governance, compliance, and litigation.
"I am pleased that Mark has joined our board, as a NED, bringing his extensive UK and US corporate experience,” commented Francesco Gardin, CEO and executive chairman of Quantum in a statement.
“Moreover, having lived and worked in Italy, Mark is fluent in Italian, which is a great positive when working with the R&D team, part of which is based in the Milan area, and our Italian lawyers who are pursuing our current Italian litigation claims," he added.
Quantum recently announced that its subsidiary was awarded €6.2mln of legal damages after a Venice court ruled in favour of its Sipiem claim.
“As a lawyer, Mark has the perfect background to deal particularly with corporate governance, legal and regulatory matters. I look forward to an excellent working relationship," Gardin said.