Crypto trading shop GSR announces new CEO and CTO

1/12/2022 5:58:00 PM

Crypto trading shop GSR announces new CEO, CTO as part of management reshuffle

Crypto trading shop GSR announces new CEO, CTO as part of management reshuffle

Crypto trading firm GSR has a new CEO at the helm and has poached a marketing-making veteran to serve as its CTO.

byJanuary 12, 2022, 9:00AM EST · 1 min readadvertisementOne 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 (NFTs) and decentralized finance (DeFi).

GSR, a firm that facilitates more than $4 billion in crypto trades per day, announced Tuesday that Jakob Palmstierna has taken the reigns as chief executive of the firm.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.

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Crypto trading shop GSR announces new CEO, CTO as part of management reshuffle by January 12, 2022, 9:00AM EST · 1 min read advertisement One 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 (NFTs) and decentralized finance (DeFi).FAQ 1.Hong Kong (CNN Business) Changpeng"CZ" Zhao, who runs the crypto exchange Binance, has joined the ranks of the world's top billionaires, with an estimated net worth of at least $96 billion, according to new calculations from the Bloomberg Billionaires Index published Monday.would change the shape of the U.

GSR, a firm that facilitates more than $4 billion in crypto trades per day, announced Tuesday that Jakob Palmstierna has taken the reigns as chief executive of the firm. He was previously GSR's head of product and business development. Subscribe your crypto to earn interest, with the flexibility to redeem your funds at any time. Meanwhile, the firm has hired former Citadel Securities managing director John MacDonald as its CTO. Last year, other crypto founders also enjoyed huge gains as the value of virtual coins rallied, with ethereum creator Vitalik Buterin and Coinbase founder Brian Armstrong both becoming billionaires. MacDonald is a veteran of the market-making space and has held several senior roles at Ken Griffin's Citadel Securities, including global head of derivatives trading and global head of fixed-income technology.What are Locked Savings? Committed to holding your crypto? Now you can earn interest at the same time! Subscribe your crypto to locked savings periods for higher interest earnings. Cris Gil, GSR's founder, will transition to the role of executive chairman, according to Tuesday's announcement. JPMORGAN'S DIMON: FOUR RATE HIKES OF 0.

The shuffle in the firm's executive leadership follows a period of breakneck growth for GSR's headcount and various business lines.What happens to my funds on the day I subscribe to a Locked Savings product? On the day of subscription, Binance Savings will deduct the funds for subscription from your exchange wallet.Videx || {};CNN. In 2021, the company grew its team by 215% and expanded into bespoke derivatives for metaverse tokens, NFT trading, and DeFi. MacDonald told The Block in an interview that the firm aims to position itself as an ecosystem player versus a traditional market-making firm.What happens to my funds when I subscribe them to a flexible savings product? After subscribing, you will receive Flexible Savings assets. 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.INJECTOR. GSR also wants to enhance its platform for traders by allowing them to interact with a wider range of trading venues, spanning both standard and decentralized markets. 5.S.

"There's hundred of venues, different market structures, DEXes, and you end up with a very interesting mix-match," MacDonald said."We want to build very stable systems that allow people to react very quickly, for a wide range of clients. 6.VideoPlayer." .