TORONTO, Nov. 26, 2020 – Routemaster Capital Inc. (the “Company” or “Routemaster”) (TSXV: RM) is pleased to announce it has appointed Trapp Lewis, former senior executive at Alibaba Group and Yahoo! and current Managing Director of Palmetto Ventures, to its advisory board. The advisory board of the Company currently consists of Wouter Witvoet, Olivier Francois Roussy Newton and Trapp Lewis.
“Trapp Lewis has a wealth of experience in identifying promising global investment opportunities evidenced by his early recognition of Alibaba Group’s potential and later through his extensive portfolio of investments, including Flexport,” said Wouter Witvoet, who is also a member of the advisory board of Routemaster. “We are very pleased to welcome him as an advisor.”
Trapp will work with the Company and its pending acquisition of DeFi Holdings Inc. (see press release dated November 18, 2020) to identify and grow promising DeFi projects.
Mr. Lewis is currently Managing Director of Palmetto Ventures, an Asian-based boutique private equity firm specialising in early-stage investments and acceleration for internet and digital media assets. Prior to Palmetto Ventures, Trapp was a senior executive with Alibaba Group and Yahoo!, managing global and regional departments responsible for sales, marketing and business development.
“I am excited to join Routemaster’s board of advisors,” said Mr. Lewis. “I see the decentralization of finance as a natural evolution of where cryptocurrency markets are providing the most innovation at this time. It will also democratize access to financial products. By working with Routemaster, we can grant public markets early access to this growing ecosystem.”
Mr. Lewis holds a Masters Degree in Business Administration from University of Montana and a Bachelors Degree in Journalism & Mass Communications from University of South Carolina.
About DeFi Holdings
DeFi Holdings is a company focused on investing, incubating and managing trading technologies associated with the fast-growing decentralised finance market. The aim of DeFi is to disrupt traditional financial system by removing middlemen by leveraging the blockchain. Decentralized finance is built on smart contracts. These smart contracts are open source and interoperable, promising a more efficient and accessible financial system.
About Routemaster Capital Inc.
Routemaster Capital Inc. is a Canadian investment company that carries on business with the objective of enhancing shareholder value.
For further information, please contact:
Daniyal Baizak
President and Chief Executive Officer
Tel: +1 (416) 861-1685
Cautionary note regarding forward-looking information:
This press release contains “forward-looking information” within the meaning of applicable Canadian securities legislation. Forward-looking information includes, but is not limited to, statements with respect to the formation of the advisory board, the appointments of advisors and the acquisition of DeFi Holdings Inc. Generally, forward-looking information can be identified by the use of forward-looking terminology such as “plans”, “expects” or “does not expect”, “is expected”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates” or “does not anticipate”, or “believes”, or variations of such words and phrases or state that certain actions, events or results “may”, “could”, “would”, “might” or “will be taken”, “occur” or “be achieved”. Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company, as the case may be, to be materially different from those expressed or implied by such forward-looking information. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking information. The Company does not undertake to update any forward-looking information, except in accordance with applicable securities laws.
NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.
Notice: Information contained herein is not and should not be construed as an offer, solicitation, or recommendation to buy or sell securities. The information has been obtained from sources we believe to be reliable; however no guarantee is made or implied with respect to its accuracy, timeliness, or completeness. Authors may own the crypto currency they discuss. The information and content are subject to change without notice. Visionary Financial and its affiliates do not provide investment, tax, legal or accounting advice.
This material has been prepared for informational purposes only and is the opinion of the author, and is not intended to provide, and should not be relied on for, investment, tax, legal, accounting advice. You should consult your own investment, tax, legal and accounting advisors before engaging in any transaction. All content published by Visionary Financial is not an endorsement whatsoever. Visionary Financial was not compensated to submit this press release. Please also visit our Privacy policy; disclaimer; and terms and conditions page for further information.
