Summers Joins Ex-Citigroup Co-CEO Reed, Hock as Xapo Advisers

Former U.S. treasury secretary, Lawrence Summers.

Former U.S. treasury secretary, Lawrence Summers.

Photographer: Simon Dawson/Bloomberg

Xapo Ltd., a bitcoin startup, said former U.S. Treasury Secretary Lawrence Summers, ex-Citigroup Inc. Co-Chief Executive Officer John Reed and Visa Inc. founder Dee Hock will serve on its advisory board.

“Xapo is proud to announce the formation of its advisory board with three visionary leaders,” the Palo Alto, California-based company said Tuesday on its website. The firm, founded by Wences Casares, is a provider of secure online storage for bitcoins.

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