TaaS, which describes itself as the “first ever” tokenized closed end fund (CEF) dedicated to blockchain assets, has announced the appointment of global banking expert Patrick Salm and marketing consultant Pascal M Bommeli to its board of advisors.

Patrick Salm is Swiss-based Financial Risk and Fund Specialist, with over four years experience in blockchain technology and a track record of more than 10 years of success with large, global banks where he took leading roles. He is currently Strategic Risk Manager and Business Analyst at BANK-now AG, a Credit Suisse Group subsidiary, where he provides analysis and optimization of risk-relevant business processes and applications. Prior to this role, Salm was Head of the Pre-Legal Recovery Team at BANK-now, responsible for monitoring risks and progress of loss-bearing positions for more than $150m in assets. Salm has also held leadership positions at credit card bonus company Jelmoli Bonus Card and at Intrum Justitia, Europe's leading credit management services company.

“I am proud to bring my extensive experience in finance to the advisory board of TaaS, which I believe represents a unique opportunity for investors to capitalize on capital raising, fund management and cryptocurrency in a new way”, Salm said.

Pascal M Bommeli is a Swiss-based entrepreneur and brings vast experience in the creation, development and selling of several startups within the software development and applications sector, including HO Designer LLC, Silver Brain LLC, Design & Desktop Team LTD, educApps, and The Localised Community - LOCO. Bommeli is currently Marketing and Communications Manager at reputable Swiss IT company, ABO Storage Distribution, where he is responsible for public relations, partner enablement, channel presence, and supporting sales and advertising. In addition, Bommeli has served as Chief Marketing Officer and Executive Board Member at Point Software AG.

“TaaS is extremely pleased to be bringing an additional two high caliber advisors of to the Board. Mr. Salm and Mr. Bommeli are well equipped to make significant contributions to the company and bring with them a wealth of industry experience and knowledge to the board”, Ruslan Gavrilyuk, Co-Founder and President of TaaS said.

Additional board members include fund management expert John Wong and legal consultant Sergey Rabenko. Wong, formerly an investment banker at Lehman Brothers, has more than 25 years’ experience taking companies public and managing funds. Rabenko is a legal consultant at the International Finance Corporation (a member of the World Bank Group) with more than 12 years’ experience advising on legal, mergers and acquisitions, and tax issues.

The announcement comes ahead of TaaS’ upcoming month-long Initial Coin Offering launching on March 27, 2017.

“With the board of advisors stronger than ever, TaaS expects not only to run a highly successful ICO, but deliver substantial returns to our investor community,” concluded Gavrilyuk.