promotes COO to President amidst Market Uncertainty

Sahana Kiran
Source – PYMNTS

This year’s crypto winter has forced the industry to partake in several unfortunate activities. Layoffs have certainly been one of them. The bear market would have been much more relaxed if popular projects like Terra and FTX did not crumble. In addition to this, increased regulatory scrutiny caused huge stress on the industry. was subject to all of the above. Amidst this, the exchange was making changes to its management.

In a recent blog post, announced that the COO of the firm Eric Anziani is now the President of the firm. Anziani joined just two years after the launch of in 2016. In his latest role as the President, Anziani is expected to monitor an array of operations while retaining his COO duties. This means that Anziani will have to focus on customer experience, onboarding, and global payments.

Further elaborating on the capabilities of’s newly appointed President, CEO Kris Marszalek said,

“Eric is a leader and strategic thinker who has helped guide the Company’s vision and solidified as a world-class platform built on security, compliance, and trust. Eric’s expanded role will allow him full visibility of growth opportunities for the company and the ability to continue building and innovating to position for continued success.”

Will veer into more regions under Anziani’s leadership?

As mentioned earlier, the bear market was harsh on the entire industry. Nevertheless, legally entered several regions across the globe. In September 2022, the firm got a green signal from French regulators in addition to entailing licenses from the United Kingdom, Cyprus as well as the Cayman Islands. It should be noted that the firm was one of the first crypto exchanges to bag a license in Singapore.

Addressing his latest promotion Anziani said,

“The team at is mission-driven and embodies our values of ownership, humility, and clear thinking. It has been a privilege to grow the business together. We have a lot of work to do to responsibly advance the industry, and I am excited to continue to help lead this journey.”

The exchange as well as Anziani seemed optimistic about driving into several other regions in the coming months.