Bitstamp crypto alternate hires former Barclays exec as new COO

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

In an announcement right now, Bistamp stated it will 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 top 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 top of operations for U.Ok. neobank N26 till lately.

The crypto alternate stated the addition of Dubey would carry “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 Trade as president.

“I believe that in a number of years, we gained’t actually be speaking a couple of cryptocurrency business anymore,” said Dubey. “It will likely be one other a part of finance and revolutionary crypto companies might be thought of fintechs equally to how N26 is perceived right now.”

He added:

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

Bitstamp is likely one of the oldest exchanges within the crypto house, with business entities based in a number of nations. In October, former Gemini exec Julian Sawyer became the firm’s new CEO, changing Nejc Kodrič for the primary time within the crypto alternate’s historical past.