Imperium Markets Pty Limited has established an Independent Advisory Board that consists of Imperium Chairman Rod Lewis, former Westpac Group Treasurer Curt Zuber, and former MBIA UK Chairman and CEO Chris Weeks.
Imperium Chairman Rod Lewis said this was an important development as the company continues to grow.
“The establishment of our Independent Advisory Board coincides with an acceleration of the acceptance of digital technology in financial markets both here and internationally,” Mr Lewis said.
“Chris and Curt bring diverse and complementary experience that will ensure our focus on the financial markets digital transition proceeds in a manner that delivers efficiency gains for all market participants.”
Imperium, the first Fintech to be granted a Tier 2 markets licence by ASIC, was a use case in the Reserve Bank of Australia’s (RBA) Central Bank Digital Currency (CBDC) pilot in July 2023.
In December 2023, Imperium and the Digital Finance Cooperative Research Centre (DFCRC), which ran the RBA CBDC pilot, announced a pilot research project into how the tokenisation of assets and settlements can benefit Australian Money Markets and Debt Capital Markets.
Imperium is in the process of finalising becoming an Approved Trading Venue for the purposes of BBSW and expects to be live in market in December 2024.