The word ‘Sfard’ is derived from Latin, and is the self-given name of the ethnic group thought to be the very first users of the coin. From Li Xiao Lai, a well-known Bitcoin angel investor, and the merging of two industry leaders Gridseed and WiiBox, comes SFARDS. From the beginning, we have received venture capital from a tier-one VC firm Matrix Partners China, China’s first crypto currency mining company to receive this kind of funding.
SFARDS’ leadership is composed of several senior figures in the microchip design, consumer electronics, internet commerce and capital management fields. They bring to the organization a global perspective and strong understanding of strategic planning and execution. While integrating the Gridseed and Wiibox teams, we also sourced talent from outside the merger, and were able to form a cutting edge microchip research outfit. On top of this, we have hardware, software and international project management teams all working together to form a sturdy operational foundation. We succeeded in creating a company that is built to excel in the digital currency mining industry from all angles.