Bitstamp crypto exchange hires former Barclays exec as new COO

U.Okay.-based crypto alternate Bitstamp has employed a former director of economic providers firm Barclays’ funds staff as its chief working officer.

In an announcement at this time, Bistamp stated it might be appointing Sameer Dubey to the manager place as a part of its effort to scale throughout the agency’s companies. Dubey labored because the director of the pinnacle of funds for Barclays company and was a member of the staff behind the financial institution’s blockchain and distributed ledger council. He was additionally the pinnacle of operations for U.Okay. neobank N26 till not too long ago.

The crypto alternate stated the addition of Dubey would deliver “international management in fintech and conventional banking” to the agency. The previous Barclays exec will reportedly be changing outgoing COO Vasja Zupan, who went on to hitch the United Arab Emirates-based Matrix Change as president.

“I believe that in a number of years, we gained’t actually be speaking a few cryptocurrency trade anymore,” said Dubey. “Will probably be one other a part of finance and progressive crypto companies will probably be thought of fintechs equally to how N26 is perceived at this time.”

He added:

“As crypto merges with finance, the half we play goes to tackle new that means. A part of what makes this area so thrilling is that we actually can’t know the place we’ll be in, let’s say, 10 years.”

Bitstamp is without doubt one of the oldest exchanges within the crypto area, with enterprise entities primarily based in a number of nations. In October, former Gemini exec Julian Sawyer grew to become the agency’s new CEO, changing Nejc Kodrič for the primary time within the crypto alternate’s historical past.