Wall Street Exchange Tech Genius Joins Crypto Startup MoonX
Rahi Racharla was one of the key drivers of the technology that is currently being used in Wall Street today and has participated in the business strategy of many companies from the traditional financial market. Now, the “tech genious” of Wall Street is crossing the border to the crypto side of the world and he is joining MoonX to help the company with its technology.
This man is an important addition to the MoonX team as he is widely known for his technology knowledge and for his ability of making a difference in the team, something that many of this old Wall Street colleagues can attest to. Now, in MoonX, he will work as the Founding Technology Executive of the company after leaving his position as the CIO of Multi Commodity Exchange (MMCX), which is one the largest commodity exchanges in the world.
Changing a big traditional company for a crypto startup is certainly a bold move and it looks like Rahi Racharla can make a difference in this new market as he already has a lot of experience in the financial sector.
Racharla has previously worked at Tullett Libery PLC in which he created a global implementation system in six months for the company and has created a system that boosted the liquidity of other company. He even created a communication layer that supportd distributed computing at high speeds at Dow Jones, so now he will be very useful for his new company.
Some other important positions that the tech genius of Wall Street had was as the Executive Director and Head of Equity Trading in JP Morgan Chase, in which he built strategic OMS systems for trading systems in the APAC region.
A Tech Genius In The Crypto Industry
Surely, the cryptocurrency industry is full of “tech geniuses”, but most of them are young professionals which are experts on the blockchain while this man is certainly more experienced than many and has a background of constant innovation and pathbreaking work with coding. Some people who know him described him as a man with a vision that has few parallels.
According to Rahi, there are points in your life that you are looking for a broader vision in society and that things have to shift. This is part of why he decided to enter the crypto industry. He affirms that MoonX is not a regular crypto company and that it has a concept of ownership and decentralization that has been important for him.
As the vision of the founders is to solve social issues instead of being for profit, he felt motivated to leave the industry after 30 years to start working with cryptos.
Racharla has affirmed that MoonX and its concept of decentralized ownership exchange offer something concrete and important for the financial world after a sea change in the economic order has been shaking everything up.
At the core of MoonX, he believes, it the adoption and implementation of philosophies valued by Racharla and the company has the potential to revolutionize the financial industry. He also believe that there are plenty of innovators at the company and that this has allowed him to see that the company has a vision for the future.
The founders of MoonX, Nithin Palavalli and Tony Lee both have a background of changing industries and have affirmed that Racharla has a tremendous experience with similar companies and that he has a deep understanding of the blockchain technology, something that not many people have. His experience with Exchange technology, investment banking and the software will be critical, they affirm.
Rahi Racharla hold a degree in Industrial Engineering and a Masters in Finance and Computer Science.