FTX.US, the United States subsidiary of FTX Derivatives Exchange, has announced the appointment of Jill Sommers to its Board of Directors.
Sommers served as a 2-term commissioner of the Commodity Futures Trading Commission (CFTC) as nominated by both former Presidents George W. Bush and Barack Obama and was confirmed twice by the US Senate.
As an experienced Policy Adviser in the Derivatives ecosystem, Sommers brings her years of experience to the crypto exchange, which is aiming at establishing its stance as one of the foremost regulated crypto exchanges and Clearinghouses.
"I am honored to be joining the FTX US Derivatives Board of Directors to advance the mission of reshaping market structure in the United States,” Sommers said in a statement, “The company has been at the forefront of bridging the gap between traditional and digital assets while staying true to its founding principles of transparency and leading the charge toward becoming the most regulated digital asset exchange...
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