The Cardano Foundation recently announced that a new member has joined its Board of Directors. It was announced that the name joining the board of the foundation is Fernando Luis Vasquez Cao.
According to the foundation’s official announcement, Cao will bring more than 20 years of industry experience to the board in areas such as regulatory, governance, open source technology, capital markets and fintech.
The new board member is also an unrivaled member of the Asian financial services industry that can give Cardano an edge in Asian markets. He also has expertise.
Fernando’s appointment comes as the foundation expands its core operations to serve critical infrastructure and enterprise markets.
Cardano Foundation, with Fernando joining, the Foundation’s Board of Directors consists of a team of four.
Cardano is among the top 10 cryptocurrencies by market cap. ADA continues to receive support from investors both inside and outside the industry, as well as the crypto community.
At the time of writing, Cardano (ADA) has dropped 4.46% to trade at $1.02 in the last 24 hours, according to data from CoinMarketCap.
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