High-growth crypto platform Currency.com today announced a significant rise in client numbers and trading activity for the first three months ending March 31, 2021.
Currency.com Appoints Industry Stalwart as CEO
In what comes as another milestone for the rapidly growing cryptocurrency platform Currency.com, the Europe-based platform today announced that the number of clients that registered with it rose by a whopping 250 percent in Q1 2021 compared to Q4 2020.
During the same period, Currency.com reported a massive surge in trading activity, with the total number of trades executed on the platform growing 134 percent quarter-on-quarter. The top five most traded cryptocurrency markets on the platform in Q1 2021 included Bitcoin, Ripple, Ethereum, Dogecoin, and Litecoin.
The strong growth witnessed by Currency.com speaks volumes about the company’s commitment to scale its team, expand into new markets, and continue developing products and services to better serve its valuable clients. To bootstrap growth in the U.S. and Canada, Currency.com is pleased to welcome Steve Gregory to its senior leadership team. Based out of New York, Steve joins the firm as Chief Executive Officer of Currency.com US LLC, the U.S. subsidiary of Currency.com.
For the uninitiated, Steve joins Currency.com US LLC with an enviable record in developing highly regulated businesses in the digital asset and cryptocurrency space. Most recently, Steve served as the Chief Compliance Officer and Corporate Counsel at CEX.io — a leading spot market exchange. Further, Steve has also worked as the digital currency exchange and custodian, Gemini Trust Company. Here, Steve was a part of the original team responsible for cementing Gemini as a leading cryptocurrency exchange in the U.S. Steve’s new role art Currency.com will comprise of developing and managing the platform’s growth strategy in the U.S. with a focus on ensuring sound legal and regulatory compliance throughout.
Commenting on the development, Vitalli Kedyk, Head of Strategy, Currency.com, noted:
“Strong growth in recent months has accelerated our expansion plans , encouraging us to bolster our various country teams. Steve’s knowledge and experience in the global and US cryptocurrency space combined with his phenomenal eye for legal oversight makes him a great fit for us. As a company, it is our aim to grow our regulatory footprint and enable our clients to buy, trade and invest in cryptocurrencies with ease and security. Steve has a wealth of experience in the industry, and his appointment will help to ensure we continue to meet our growth ambitions for 2021 and beyond.”
Similarly, Steve expressed his enthusiasm on the occasion of joining Currency.com as its new CEO. Steve said:
“I am very excited to join the team here at Currency.com, especially during this period of continued growth and expansion. As the cryptocurrency space grows in popularity , it’s imperative that we continue to uphold the highest regulatory and compliance standards to help more people invest with confidence. I am looking forward to contributing to the long-term success of the business.”
To find out more, visit www.currency.com