Outlier Ventures Welcomes New Partner Rumi Morales of CME Ventures
Rumi Morales has held down CME Ventures as the head of the company and is responsible for founding the Goldman Sachs Global Markets Institute. All of this experience has prepared her properly for taking on a partnership with Outlier Ventures.
Outlier Ventures is a blockchain investment firm, which is presently based in the United Kingdom. Most of the investments they incorporate include internet infrastructure and the use of blockchain with other technologies, like artificial intelligence and robotics. Morales has said:
“There's so much opportunity there, and I was really hoping to be if not leading, joining a team of leaders in the space. Because the future is really in the convergence of these technologies.”
When she worked at CME Ventures, Morales was responsible for helping the company to make investments early on in Ripple, Digital Asset Holdings, and Dwolla. Less specifically, Morales helped with blockchain efforts that combined it with the use of artificial intelligence, IoT, and quantum computing.
In a statement rewarding her work coming at Outlier, Morales also said:
“The team at Outlier spotted the convergence of distributed ledger technology, IoT and AI very early and we couldn’t be closer in our thinking on where value is being created for the economy of tomorrow.”
The CEO of Outlier, Jamie Burke, added to that sentiment.
“We've kind of been doing the same thing and we're both kind of coalesced on the same thesis, and that's why it was such a good fit.”
He also discussed his confidence in Morales’ background in early stage technology, along with her experience with major financial institutions, which were his reasons for adding her.
Right now, Outlier already has investments with technologies like IOTA, Fetch.AI, and Ocean protocol. While about half of their portfolio is already made up of North American Industries, there are also offices in Toronto. Morales role will be to work out of Chicago, where she will manage the deal-flow in the United States, develop new relationships, and work with institutional investors.
In conclusion, Morales said,
“We have that traditional infrastructure which will translate very, very well into digital infrastructure.”