Parfin, a global leader in digital asset infrastructure driving institutional adoption, has appointed Dr. Jacob Mendel as its new co-CTO of Rayls. A globally recognized expert in cybersecurity, blockchain, and machine learning, Dr. Mendel will focus on enhancing Rayls, Parfin’s core contribution to the EVM blockchain system, ensuring its scalability, security, and innovation.
London, Feb. 11, 2025 — Dr. Mendel’s distinguished career includes roles as General Manager of Intel’s Cybersecurity Center of Excellence, Executive Director of Blockchain and Applied Research at JP Morgan, and Head of Cryptography and Cybersecurity at State Street. He also serves as a professor at Tel Aviv University’s Coller School of Management, where he leads research in cryptography and cybersecurity. His expertise is underscored by 23 approved patents and research in AI/ML, post-quantum cryptography, and blockchain technology.
Dr. Mendel stated, “I joined Parfin because of its exceptional talent and innovative financial services technologies, especially its integrated DeFi and TradFi approach. The company’s mission to digitally transform institutions and clients using blockchain and digital assets aligns perfectly with my passion for cutting-edge technology’s transformative power.”
As co-CTO, Dr. Mendel will prioritize strengthening Parfin’s technological infrastructure, focusing on scalability and cybersecurity, and fostering innovation within the engineering team. He aims to cultivate a collaborative, innovative culture, ensuring Parfin remains a leader in the digital finance sector, adapting to market changes, and maintaining its reputation for trust and excellence.
Dr. Mendel’s experience includes leading the development of a secure, scalable platform for managing digital assets at JP Morgan, integrating blockchain, cryptography, and regulatory compliance. He is also a successful entrepreneur with a history of building and expanding high-growth startups.
Marcos Viriato, Parfin’s CEO, commented, “Dr. Jacob’s cybersecurity and blockchain expertise is crucial for Parfin’s continued growth, particularly as we work on projects like Drex.”
About Parfin
Parfin, Brazil’s leading digital asset infrastructure provider, is expanding globally. Serving a diverse clientele, from banks to crypto-native companies, Parfin aims to accelerate institutional digital asset adoption through solutions that balance ease of access with market standards. Parfin is the only Brazilian company competing in the technology behind Drex, Brazil’s digital real, currently in its testing phase. For more information: .
CONTACT: Press Contacts Information for Media: Contact: Natasha Torres-Coote Email: natasha@lunapr.io
