Former Northern Ireland Secretary John Baker has been approved to serve as an advisor to the Bitcoin investment company Axiom! 🎉

The UK’s Advisory Committee on Business Appointments (ACOBA) has approved Baker's appointment as a part-time advisor to Axiom’s second venture capital fund, Axiom Venture Fund II. This appointment has attracted widespread attention in the industry.

Axiom plans to raise $75 million for the fund, and Baker’s addition is seen as a significant boost. However, to mitigate potential risks, ACOBA has imposed several restrictions on Baker's appointment, including a ban on leveraging government confidential information for Axiom's benefit, and a prohibition on lobbying the UK government. This move demonstrates a commitment to transparency and compliance. 🔍