Key Points:
- GRVT appoints Chris Thomas (25+ years in tech, 15+ in cybersecurity) as Head of Blockchain & Corporate Security.
- Suren Markosov (20+ years in quantitative finance) joins as Head of Quantitative Research.
- The new hires reinforce GRVT’s strategy for security, risk management, and algorithmic trading.
GRVT, the world’s first regulated decentralized exchange (DEX), has recently announced the appointment of Chris Thomas as Head of Blockchain & Corporate Security and Suren Markosov as Head of Quantitative Research.
As the platform scales globally, the new hires are part of GRVT’s strategy to enhance security, risk management, and trading infrastructure.
GRVT Hires Ex-IBM to Brace Blockchain Security
Chris Thomas, a 25-year veteran in software development with 15 years of experience in cybersecurity, has held senior positions at NCC Group, IBM, and Crypto.com.
As a blockchain specialist whose involvement in the space dates back to the historic 10,000 BTC pizza transaction, Thomas has raised concerns about the lack of robust security measures, describing current conditions as a “dumpster fire” requiring urgent regulatory and technical improvements.
Over the years, Chris has engaged in in-depth technical analysis of blockchain networks, identifying weaknesses that have led to high-profile security breaches. His role at GRVT will focus on strengthening institutional security protocols and blockchain resilience.
Quant Finance Expert Suren Markosov to Lead Algorithmic Trading and Liquidity
Suren Markosov brings over two decades of experience in quantitative finance, algorithmic trading, and risk management. Previously, he led research teams at Bullish Exchange, Anboto Labs, and held senior roles at Morgan Stanley, CLSA, Credit Suisse, and Bank of America Merrill Lynch.
Markosov will be responsible for liquidity optimization, market-making strategies, and enhancing algorithmic trading capabilities at GRVT.
According to Hong Yea, CEO of GRVT, the appointments celebrate a step forward in the company’s mission to combine institutional-grade security with decentralized finance (DeFi) capabilities. “Security and risk management are critical pillars of our platform. With Chris’s deep expertise in cybersecurity and Suren’s extensive background in quantitative trading, GRVT is positioned to set new standards in secure, high-performance trading,” he said.
GRVT Prioritizes Security, Speed, and Compliance in Trading
GRVT operates as a self-custodial exchange, allowing traders to retain full control over their assets while leveraging order book-based trading and institutional-grade infrastructure. The platform offers:
- 600,000 trades per second execution speed.
- Zero gas fees for order placement and cancellation.
- Portfolio and cross-margining for capital efficiency.
- Multi-layered security integrating Web3Auth and biometric authentication.
- ZKsync-based on-chain privacy solutions to protect user data.
GRVT has adopted KYC and AML compliance standards that are in alignment with global regulations. However, it is not registered under the Monetary Authority of Singapore (MAS), meaning users do not have local regulatory protections.
About GRVT
GRVT (pronounced “gravity”) is the world’s first regulated DEX that operates as a self-custodial CEX. We aim to enable anyone to buy, sell, trade and invest in financial products, leveraging smart contracts to ensure self-custody, scalability, and security. Traditional finance operates on outdated infrastructure, resulting in high costs and limited accessibility, whereas DeFi grapples with challenges of complexity and scalability. GRVT bridges these gaps and is building a unified global financial system that scales far beyond crypto.
GRVT official website: https://grvt.io/
For media inquiries, contact: press@grvt.io Social and Community: X | LinkedIn | Telegram | Discord
| 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. |
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