--- title: "Hedera Hashgraph Announces Ari Paul, CIO and Co-founder of BlockTower Capital, as Advisor" id: "16440" type: "post" slug: "hedera-hashgraph-announces-ari-paul-cio-and-co-founder-of-blocktower-capital-as-advisor" published_at: "2019-04-10T09:55:00+00:00" modified_at: "2025-12-10T05:03:08+00:00" url: "https://hedera.com/blog/hedera-hashgraph-announces-ari-paul-cio-and-co-founder-of-blocktower-capital-as-advisor/" markdown_url: "https://hedera.com/blog/hedera-hashgraph-announces-ari-paul-cio-and-co-founder-of-blocktower-capital-as-advisor.md" excerpt: "Dallas, TX – April 10, 2019 – Hedera Hashgraph, an enterprise-grade public ledger designed to have highly diversified governance and the most distributed consensus at scale, today announced the appointment of Ari Paul, CIO and Managing Partner of BlockTower Capital,..." taxonomy_category: - "Uncategorized" --- [Skip to content](#content) blog # Hedera Hashgraph Announces Ari Paul, CIO and Co-founder of BlockTower Capital, as Advisor April 10, 2019 ![Hedera Team](/wp-content/uploads/2025/12/HH-logo-Black.jpg) Hedera Hedera provides secure, scalable infrastructure for real-world decentralized applications in finance, AI, and sustainability, governed by global enterprises. *Paul co-founded BlockTower Capital after managing investments for University of Chicago endowment* **Dallas, TX – April 10, 2019 –**[Hedera Hashgraph](http://www.hedera.com/) , an enterprise-grade public ledger designed to have highly diversified governance and the most distributed consensus at scale, today announced the appointment of Ari Paul, CIO and Managing Partner of BlockTower Capital, as advisor to Hedera. Before co-founding BlockTower Capital, Paul was a Portfolio Manager and Risk Specialist for the University of Chicago’s $8 billion endowment portfolio. Commenting on his appointment, Ari Paul said, “the Hedera Hashgraph platform is pushing the performance and security boundaries of distributed ledger technology, marking this an exciting moment to join as an advisor. Dr. Leemon Baird and Mance Harmon have built a remarkable team and developed a technology which represents a fundamental paradigm shift for the DLT space. I look forward to working with Hedera through the next phase of their development.” Hedera Hashgraph is a public distributed ledger that aims to directly resolve four fundamental challenges to mainstream market adoption of public ledger technology — performance, security, stability, and governance. Dr. Leemon Baird, Hedera Hashgraph Co-Founder and Chief Scientist, and Mance Harmon, Co-founder and CEO of Hedera, patented the groundbreaking hashgraph technology after working together in the United States Air Force Academy and as partners in multiple startups successfully sold to large enterprises and private equity firms. In 2018, Hedera raised $124 million, all held in fiat, to further the development and launch of the Hedera platform. The Hedera public ledger enables organizations to build enterprise-grade applications that address issues such as latency on cryptocurrency transactions, confidence and efficiency in the verification of smart contracts, and secure and transparent storage of files. Mance Harmon, CEO of Hedera, said, “We are delighted to welcome Ari Paul, a luminary investor and thought leader, to our advisory board. His knowledge and expertise in the field of distributed ledger technologies, and his advocacy for the space, will be invaluable to Hedera as we continue the important work towards creating the industry’s first enterprise-grade distributed ledger technology.” An exclusive podcast on “Ari Paul’s Macro Trends and Opportunities”, can also be found at [https://www.hedera.com/podcast](https://www.hedera.com/podcast) [https://www.hedera.com/podcast](https://www.hedera.com/podcast) . ### **About Hedera** Hedera Hashgraph is a public distributed ledger for building decentralized applications. Developers can build secure, fair, blazing-fast decentralized applications on top of Hedera. For more information, visit [https://www.hedera.com/](https://www.hedera.com/) [https://www.hedera.com](https://www.hedera.com) and follow us on Twitter at [@hashgraph](https://twitter.com/hashgraph) , Telegram at [t.me/hashgraph](https://t.me/hashgraph) , and Discord at [https://www.hedera.com/discord](https://www.hedera.com/discord) [https://www.hedera.com/discord](https://www.hedera.com/discord) . The Hedera whitepaper can be found at [https://www.hedera.com/whitepaper](https://www.hedera.com/whitepaper) [https://www.hedera.com/whitepaper](https://www.hedera.com/whitepaper) . **For Media Inquiries** Zenobia Godschalk E: pr@hedera.com T: 1.833.794.7537 x 717 [Back to Blog](/blog) discover See more articles [View All](/blog) ![Image](https://hedera.com/wp-content/uploads/2026/08/Regulation_Blog-1024x576.png) August 5, 2026 ### Details decide. What digital asset policy did in July 2026 Halfway through 2026, the regulatory picture is coming into focus. Hedera Chief Policy Officer Nilmini Rubin and VP Global Policy Isadora Arredondo break down what moved in June across the [Read More](https://hedera.com/blog/details-decide-what-digital-asset-policy-did-in-july-2026/) ![Deploy Multichain Dapps](https://hedera.com/wp-content/uploads/2026/07/HH600301_DeployMultichainDapps_Final-1024x576.png) July 17, 2026 ### Deploy Multichain Dapps on Hedera in 60 Seconds with scaffold-hbar Deploying multichain dapps on Hedera has never been easier! With just one command, you can spin up a fully functional dapp using Next.js, Hardhat or Foundry, and AI agent context… [Read More](https://hedera.com/blog/deploy-multichain-dapps-on-hedera-in-60-seconds-with-scaffold-hbar/) ![Regulation is finding its form](https://hedera.com/wp-content/uploads/2026/07/Regulation_Blog-1-1024x576.png) July 13, 2026 ### Regulation is finding its form in summer 2026 Halfway through 2026, the regulatory picture is coming into focus. Hedera Chief Policy Officer Nilmini Rubin and VP Global Policy Isadora Arredondo break down what moved in June across the [Read More](https://hedera.com/blog/regulation-is-finding-its-form-in-summer-2026/) ## Ready to get started? Discover why Hedera is the trusted institutional-grade network powering the new digital economy. [Start Building](/start-building) [Contact](/contact) We use cookies to deliver the best experience on our website and to analyze traffic. By continuing to use this site, you consent to our cookie policy. Review our [Privacy Policy](/privacy) to understand how Hedera collects and uses information. Accept All CookiesAccept Necessary Cookies