Spirit Blockchain Capital Inc. announced the appointment of Lewis Bateman as the new CEO of the company. An experienced business leader, Lewis Bateman, will succeed Erich Perroulaz and assume his responsibilities. Mr. Perroulaz will remain as President and Founder of Spirit Blockchain.

Mr. Bateman has managed day-to-day operations at digital asset providers, asset management firms, and primary exchanges. He has a significant amount of knowledge at the C-level. With experience on the buy-side, the sell-side, and at a price execution organization, Mr. Bateman has a well-rounded understanding of the trading industry.

He has worked previously as a regulatory leader and strategic advisor. Over the course of more than 20 years, he has been in charge of both traditional capital market firms and innovative digital asset management organizations. The Spirit Team expects blockchain innovations to drive future developments in computing and Web3, and believes in digital assets' potential to restore faith and pave the way for novel forms of governance in which communities make critical choices about the future of their networks, the types of behavior that are rewarded, and the distribution of wealth.

Sphere Investment Management and CoinCapital Investment Management were both founded by Mr. Bateman, who also served as their CEO. Previously, he held executive management positions at Horizons ETFs Management Inc. and First Asset (CI Financial). He was a director at the Toronto Stock Exchange (TMX Group), in charge of attracting new foreign participating trading members into the Canadian market as well as looking after the interests of the exchange's clients, both domestically and internationally, in the placement of structured product distributors.