Michael Lustig, Former BlackRock Executive Joins Jiritsu Network Board to Drive Institutional Adoption

Jiritsu
Network,
a
forefront
of
blockchain
innovation,
is
excited
to
announce
that
Michael
Lustig,
former
Managing
Director
at
BlackRock
with
extensive
experience
managing
ETF
assets,
has
joined
their
executive
board.
Michael
brings
his
deep
expertise
in
financial
management
and
investment
strategy
to
support
Jiritsu’s
initiatives
in
Real
World
Asset
(RWA)
tokenization.

During
his
illustrious
25-year
tenure
at
BlackRock,
Michael
oversaw
structured
mortgage
and
derivative
products
trading
and
managed
cash
collateral
investments
in
the
firm’s
ETF
Securities
Lending
businesses.
His
strategic
foresight
and
profound
understanding
of
the
financial
markets
are
expected
to
significantly
enhance
Jiritsu’s
blockchain
applications.

“I
am
thrilled
to
join
the
board
of
Jiritsu
and
work
alongside
a
team
that
has
demonstrated
the
ability
to
build
successful
companies
and
software
at
scale,”
said
Michael
Lustig. “We
are
at
a
pivotal
point
where
institutions
like
BlackRock,
Franklin
Templeton,
and
Fidelity
are
the
nexus
of
huge
assets
that
will
be
migrating
to
tokenized
infrastructure.
I
am
excited
to
help
navigate
this
transformation,
leveraging
Jiritsu’s
groundbreaking
technology.
The
opportunity
for
Jiritsu
as
the
leader
in
RWA
verification
is
immense,
and
I
believe
we
are
uniquely
positioned
to
capitalize
on
this
shift,
ushering
in
a
new
era
of
transparency
and
efficiency
in
asset
management.”

Jiritsu
Network
stands
to
benefit
immensely
from
Michael’s
extensive
background
in
dealing
with
institutional
investors
and
his
strategic
insights.
As
part
of
the
board,
he
aims
to
further
the
company’s
mission
to
enhance
the
security
and
efficiency
of
RWA
tokenization,
which
is
critical
for
broader
adoption
of
blockchain
technology
in
traditional
financial
sectors.

“Michael’s
depth
of
experience
in
financial
markets
and
his
vision
for
the
future
of
asset
management
make
him
a
tremendous
asset
to
our
board,”
stated
Jacob
Guedalia,
CEO
of
Jiritsu. “With
Michael’s
guidance,
Jiritsu
is
even
better
positioned
to
lead
the
transition
towards
a
tokenized
global
economy,
providing
secure
and
efficient
solutions
for
asset
management.”

As
Jiritsu
Network
continues
to
innovate
in
the
blockchain
space,
developing
solutions
that
simplify
and
secure
the
tokenization
process
for
real
world
assets,
the
addition
of
Michael
Lustig
to
their
board
underscores
a
shared
commitment
to
transforming
how
assets
are
managed
and
traded
globally.

For
more
information
about
Jiritsu
Network
and
their
innovations
in
blockchain
technology,
visit
https://www.jiritsu.network/.

About
Jiritsu
Network

Jiritsu
Network
is
a
Layer
1
blockchain
technology
company
specialized
in
the
tokenization
of
real
world
assets.
By
enhancing
the
security
and
efficiency
of
asset
registration,
verification,
and
tokenization
processes,
Jiritsu
aims
to
make
blockchain
technology
accessible
and
practical
for
widespread
adoption
across
various
industries.