Key Points:
Anthony DeMartino, who was previously the US CEO, has stepped down from his position and assumed an advisory role. In his place, Mo Zhou, who previously served as the US Chief Operating Officer, has been appointed to head the company’s institutional-focused business lines in the country.
DeMartino has a wealth of experience in trading, having held senior trading roles at UBS, Barclays and HSBC. Prior to joining Matrixport, he headed up Coinbase Risk Strategies. He was hired as part of the company’s international growth plans in the US, and despite the apparent hostility of local regulators towards crypto businesses, those plans remain intact.
Matrixport has confirmed that it will continue to maintain a presence in the US as part of its ongoing international growth strategy. Ross Gan, Head of Public Relations and Brand for Matrixport, confirmed that DeMartino has transitioned into an advisory role, with Zhou supervising day-to-day operations.
Zhou, who is a Harvard-trained lawyer, has spent ten years working in derivatives and M&A, according to Gan. He brings a wealth of experience to his new role as head of the company’s institutional-focused business lines in the US.
With over 290 employees worldwide, more than $700 million in loans outstanding, and $5 billion in monthly trading volume, Matrixport is one of Asia’s largest cryptocurrency businesses.
DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.
London, United Kingdom, 25th June 2024, Chainwire
Chicago, United States, 25th June 2024, Chainwire
At WEWE Global, we understand the transformative power of empathy and its vital role in…
Nubank Bitcoin Lightning Network will be integrated through a partnership with Lightspark to offer near…
NoToKYC emerges as the premier platform for no KYC casinos, exchanges and exclusive bonuses in…
Hamster Kombat is yet another Telegram-based game that allows players to earn free profits by…
This website uses cookies.