Crypto Reports (vecteezy Photo)
AscendEX, a global financial platform for cryptocurrencies, has announced that Shane Molidor has been appointed CEO. He will succeed the stock exchange’s founding partner, George Cao, who will continue to support AscendEX as chairman.
Shane Molidor joined AscendEX (formerly BitMax) in May 2019 as Chief Business Officer and previously as Chief Revenue Officer in December 2021. Molidor has worked professionally in the cryptocurrency industry since 2015 at top institutions in the United States and China.
Molidor, a highly regarded manager, brings to the role an intimate understanding of exchange infrastructure, custody solutions, regulatory developments and market dynamics that spans both Eastern and Western demographics.
“I am confident in passing the reins of AscendEX to Shane,” says George Cao, former CEO and co-founder, “I want to thank my team and community over the past five years for the kind support you have given me and this company, and the trust placed in the most talented heir. My.
“I will remain involved and will continue to support the board of directors of AscendEX as chairman.
“Shane Molidor is the right choice to fill this role because he has helped manage and shape this company, holds a deep understanding of the complexity of this market and brings an unparalleled commitment to the role. This decision is made with a great deal of confidence and optimism about the future of this brand.”
Molidor began his career in strategic consulting at IBM after receiving his bachelor’s degree from Princeton University. He then worked at Gemini, a cryptocurrency exchange and shifts, in business development, institutional sales and customer service. Most recently, Molidor was the global director of FBG One at FBG Capital, a diversified business financial institution dedicated to the cryptocurrencies and blockchain sectors.
More in-
After raising $ 50 million in Series B for AscendEX in November 2021, Molidor shares his excitement about the company’s expansion. Since joining AscendEX, Molidor has increased its staff from 15 to 65, training each employee to become an expert in its field, as well as encouraging a sharp understanding of the market’s micro-structure and the ever-evolving ecosystem of cryptocurrencies. Molidor shares his excitement about renewing the platform’s user experience, adding new and comprehensive products and the company’s future status.
“I am honored to have the opportunity to succeed George and lead AscendEX to a new stage of progress and growth,” notes Molidor. “As we continue to build, I am confident in the vision and path ahead of this company, this team and AscendEX users.”
Comments on the article(0):
Your response has been received and will be published subject to system policies.
Thanks.
For a new response
Your response was not sent due to a communication problem, please try again.
Return to comment