Sawyer will bring along his extensive 20 years of experience in the financial markets and will work on expanding Bitstamp operations and developments like the introduction of a new matching engine built by Nasdaq.
On Thursday, October 22, cryptocurrency exchange Bitstamp said that it has appointed former Gemini Managing director Julian Sawyer as its new CEO. Mr. Sawyer will be replacing Bitstamp’s co-founder as well as current CEO Nejc Kodrič.
However, Nejc continues to be part of Bitstamp with a non-executive role as one of the company’s Board of Directors. Julian Sawyer is a popular name in the traditional financial market in Europe with over 20 years of extensive experience. Prior to working as Gemini’s Managing Director for Europe, Sawyer also served as the co-founder of Starling Bank.
The press release notes that the replacement is part of the exchange’s dynamic growth strategy over the last nine years. It notes that Sawyer’s expertise in dealing with complexities of the global financial markets makes him suitable as the CEO of Bitstamp. It adds:
“Julian’s expertise in the complexities of global finance makes him uniquely suited to lead Bitstamp into its next chapter. He understands the possibilities that cryptocurrency holds for the world and how to integrate it with existing financial structures”.
Steering Ahead Bitstamp’s Market Growth
Currently, Bitstamp ranks among the top-ten crypto exchanges in terms of trading volumes. As of date, the exchange handles around $373 million in daily trading volumes. Bitstamp supports crypto trading for some of the top cryptocurrencies in the market.
Earlier this year in May, Bitstamp also added support for the Sterling Pound (GBP) and some other digital assets. Sawyer said that he will be joining Bitstamp at a time when the exchange is implementing new integrations, like the recent one with Nasdaq. The press release notes:
next“We are excited to welcome Julian at a time when Bitstamp is already growing rapidly. This year has already seen us take large strides with developments like the introduction of a new matching engine built by Nasdaq, the listing of GBP and several additional digital assets, as well as major institutionally-focused partnerships like becoming the first exchange to go live on BCB Group’s BLINC network and the launch partner for Silvergate’s SEN Bitcoin leverage product. Now we look forward to starting a new chapter with Julian and building on the strong foundations we’ve set for Bitstamp”.