Blockchain Startup Libra Hires Former Siemens Chief Risk Officer

Blockchain startup Libra has announced a new hire as it expands its suite of enterprise-focused auditing tools.

AccessTimeIconMay 22, 2017 at 11:20 a.m. UTC
Updated Sep 11, 2021 at 1:22 p.m. UTC

Blockchain startup Libra has announced a new hire as it expands its suite of enterprise-focused auditing tools.

Libra – which began offering accounting software for bitcoin users before expanding to more traditional enterprises – is growing its Libra Enterprise platform to feature a series of new modules (including its LibraTax offering). The firm is including tools for regulatory oversight as well as automated processing for auditing.

The startup is also beefing up its staff, tapping Dr Rod Brennan, who previously served as chief risk officer for the North American business of German tech giant Siemens. Brennan will take a role as Libra's director of audit technology, playing an active role as the startup expands its suite of offerings.

"As an experienced CRO, Rod understands what's needed for mission critical risk and audit teams within organizations to support the operationalization of enterprise blockchains. We are extremely excited he has joined the team," Jake Benson, Libra's CEO and founder, said.

According to Benson, the startup is rolling out its new suite of services ahead of pending announcements about its work with various clients, details it expects to divulge later this year.

"The modules are in various stages of development, we expect to be able to discuss client projects and product details in the 2nd half of 2017," he said.


Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated.

CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. In November 2023, CoinDesk was acquired by the Bullish group, owner of Bullish, a regulated, digital assets exchange. The Bullish group is majority-owned by; both companies have interests in a variety of blockchain and digital asset businesses and significant holdings of digital assets, including bitcoin. CoinDesk operates as an independent subsidiary with an editorial committee to protect journalistic independence. CoinDesk employees, including journalists, may receive options in the Bullish group as part of their compensation.