January 12, 2022, 9:00AM EST · 1 min readOne of the largest crypto trading firms has a new chief executive officer and chief technology officer to chart its course as it builds out its business into new arenas, including non-fungible tokens and decentralized finance .
He was previously GSR's head of product and business development. Meanwhile, the firm has hired former Citadel Securities managing director John MacDonald as its CTO. Cris Gil, GSR's founder, will transition to the role of executive chairman, according to Tuesday's announcement. MacDonald told The Block in an interview that the firm aims to position itself as an ecosystem player versus a traditional market-making firm. That's similar to firms like Jump Trading and Alameda Research, which both act as trading firms and also incubate crypto projects and invest in new token projects.
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