A former deputy governor of the Bank of England and the ex-CEO of the UK’s communications regulator have joined the board of the London-based blockchain startup led by Peter Randall, one of the founders of pan-European equities exchange Chi-X.

Ex-central banker Rachel Lomax and former Ofcom chief executive Ed Richards have joined the board of SETL, the company said on July 15. They follow the arrival of the former Barclays and Morgan Stanley International chairman Sir David Walker, who joined SETL's board as chairman in December.