By Daniel Lanyon on Wednesday 27 May 2020
Martin Gilbert along with his long-time deputy Andrew Laing at Aberdeen Asset Management have led an angel round in BTP.
Edinburgh-based Blockchain Technology Partners (BTP), a blockchain infrastructure startup, has closed an angel funding round led by Aberdeen Asset Management veterans Martin Gilbert and Andrew Laing.
The firm, founded in 2018, says it simplifies the deployment and management of distributed ledgers, blockchain and smart contract infrastructure. Recently is has also been delivering the Tel Aviv Stock Exchange's new securities lending platform.
Gilbert, co-founder and former long term CEO of Aberdeen Asset Management last year also took up the role of Chairman at banking fintech unicorn Revolut. Laing, a long time senior leader at Aberdeen is now an active early-stage investor.
Paul Forrest, also an investor in BTP, has joined the firm as its inaugural non-executive chairman. Forrest has over twenty-five years experience as a strategy consultant advising governments and working with FTSE 100 and Global 500 businesses including Ford Motor Company, Wal-Mart, Virgin Galactic and AkzoNobel.
“Paul understands the potential for growth in enterprise blockchain adoption, having been involved in this space for several years and at the cutting edge of successive waves of innovative enterprise technologies throughout his career,” said Duncan Johnston-Watt, CEO & Co-founder of BTP.
“We are delighted Paul has decided to take up this role and help us scale the business and lay the groundwork for future investment.”
“BTP has an exceptional opportunity which is why we invested in the company in the first place,” said Martin Gilbert.
“We are pleased to see that BTP has strengthened its corporate governance with the appointment of Paul Forrest. Paul’s experience complements a leadership team that has the vision and expertise to deliver their clear value proposition.”