NEW YORK, May 08, 2019 (GLOBE NEWSWIRE) — Bitstamp, Europe’s largest cryptocurrency exchange and the oldest continuously-operating exchange globally, today announces that Hunter Merghart has joined the company as head of U.S. operations.
In his new role, Merghart will focus on working with new and existing customers, with an emphasis on serving institutional clients. He will be based in New York and will spearhead the opening of Bitstamp’s New York office.
Merghart’s background in both traditional financial markets and cryptocurrency positions him for a strategic role at Bitstamp, which continues to pave the way in bringing the traditional financial and cryptocurrency worlds together, at a pivotal time when the two industries continue to merge. He recently served as the head of trading at Coinbase, where he led the buildout of the over-the-counter trading business, including business development and sales, while also driving overall platform growth of institutional investors. He also brings extensive leadership from traditional financial institutions, having served as director of trading at Barclays, vice president at RBC Capital Markets, and was an associate at Credit Suisse Group AG.
“We are excited to have Hunter join our team at a time of strategic growth at Bitstamp,” said Nejc Kodrič, CEO of Bitstamp. “He’s the perfect person to lead our U.S. operations, which includes making sure our retail and institutional investors have a platform and service that is equal to what they would find at any traditional exchange anywhere in the world.”
Bitstamp’s expansion in the U.S. follows the company obtaining a BitLicense, which grants permission to continue its digital currency operations in the state of New York. Bitstamp is committed to growing in the U.S. and developing a better environment for all crypto businesses, both in the U.S. and worldwide.
“Bitstamp has repeatedly proven that it believes in the future of the industry and is committed to developing best practices that benefit its customers and the cryptocurrency space,” said Hunter Merghart, head of U.S. operations at Bitstamp. “I look forward to helping Bitstamp more effectively serve its existing clients in the U.S. and expanding its presence throughout the States.”
For more information on Bitstamp, please visit www.bitstamp.net.
Founded in 2011, Bitstamp is a leading global cryptocurrency exchange and the EU’s largest by trading volume. Currently offering trading between BTC, BCH, ETH, XRP, LTC, USD and EUR, the exchange empowers individuals and institutions to reap the benefits of emerging financial technologies by unlocking reliable access to leading cryptocurrencies. With its focus on prudence and oversight, Bitstamp is uniquely positioned to serve as a stepping-stone between the traditional financial and cryptocurrency worlds. Safe and easy to use, Bitstamp always puts its customers first, which is why it gets the stamp of approval from over 3 million traders throughout the world. For more information about how Bitstamp supports the exchange of currencies, information, ideas and trust, visit www.bitstamp.net.
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