Symbiont, a provider of smart contracts and distributed ledgers
in financial markets, has appointed Caitlin Long as its president and chairman
of the board of directors.
In these roles Long will be responsible for commercialising
Symbiont’s blockchain technology, encompassing business strategy and client
Long brings 22 years of experience on
Wall Street to Symbiont, including her most recent post as managing director in
global capital markets at Morgan Stanley. Long has been involved with Bitcoin
since 2012 was one of five members of Morgan Stanley’s distributed ledger
technology working group.
“Blockchain technology will make capital markets safer, fairer
and more efficient,” says Long, adding that she chose to join Symbiont because she
believes that it has superior technology to its peers in the market.
She comments: “Symbiont offers the only smart contracts
platform purpose-built for financial services. Investors will actually own the
assets issued on Symbiont’s blockchain, which is a huge improvement relative to
how securities are owned today.”
Mark Smith, CEO and co-founder of Symbiont says that Long will
bring “a rare mix of deep Wall Street experience and recognised thought
leadership about blockchain technology” to her new role.
He adds: “Caitlin has a strong philosophical and economic
foundation that allowed her to build her career by always putting the needs of
her clients first. She has repeatedly proven her ability to help clients see
new ways to solve problems, and clients rewarded her with top market positions
in every one of her businesses. We are thrilled that she’s joining our team.”