BitMEX hires Rupertus Rothenhaeuser to sell spot, brokerage, custody, data, academy

Rick Steves

The new business segments are being launched as a way to diversify the company and expand its footprint across the world.

BitMEX has appointed Rupertus Rothenhaeuser as its new Chief Commercial Officer (CCO), who will spearhead the crypto exchange’s ‘Beyond Derivatives’ strategy.

‘Beyond Derivatives’  is the firm’s plan to expand into spot, brokerage, custody, information products, and establish the BitMEX Academy.

Industry veteran joins BitMEX after one year at Crypto Finance (Brokerage) AG

Rupertus Rothenhaeuser will be in charge of developing the exchange’s global client relationships, overseeing the commercial success of its expanding range of products, and growing BitMEX’s market share in the hyper-competitive crypto space.

A former CEO at Crypto Finance (Brokerage) AG for over a year, he championed innovative digital asset services for the group’s banking clients during that period.

His past experience includes leadership positions at ABN AMRO Bank, BNP Paribas, Macquarie Group, SIX Digital Exchange, and Boerse Stuttgart.

Rothenhaeuser started his new role on 1 January and will be based in Asia, reporting directly to BitMEX’s Chief Executive Officer Alexander Höptner.

Rupertus Rothenhaeuser, Chief Commercial Officer at BitMEX, said: “BitMEX has major expansion plans in the works, and I’m excited to have joined their growing team at this pivotal time. I see many opportunities for us to expand beyond derivatives, develop game-changing products, and offer significant value in the crypto space for retail and institutional clients alike. The next few years will bring explosive growth for this industry, and BitMEX will be at the forefront of this as we contribute to a better financial ecosystem for all users.”

Alexander Höptner, Chief Executive Officer at BitMEX, said: “I’m thrilled to welcome Rupertus to our senior leadership team as we expand our services, reach new markets, and transform BitMEX from a derivatives-focused platform to a full crypto ecosystem. Our mission is to lead the digital financial revolution, and I am confident that Rupertus is uniquely suited to drive our commercial development.”

BitMEX is actively hiring to support its growing user base. Click here to explore open career opportunities at BitMEX.

FinanceFeeds webinar: Expert panel to discuss market data for multi-asset brokerages  

Michele Bertacco leads marketing in time of ‘Beyond Derivatives’

In November, the cryptocurrency derivatives trading platform hired Michele Bertacco to lead the development and execution of that theme with his marketing and communications team.

The new business segments are being launched as a way to diversify the company and expand its footprint across the world: Spot, Brokerage, Custody, Information Products, and Academy.

BitMEX is building out the diversity of products on the derivatives side, with its derivatives offering remaining at the heart of the business, but Spot trading will be added as a new segment with the launch of full-service spot capabilities globally to provide users with a way to buy and sell crypto assets.

The cryptocurrency exchange will also establish a licensed brokerage to offer end-to-end principal, agency, and OTC trading services to clients, as well as a fully licensed and proprietary asset custody solution, information products, and an education service.

Michele Bertacco has prior professional experience at Haier, where he was Brand Director EMEA and Russia and helped the brand reinvent itself and successfully reach a premium position in the region.

Michele Bertacco is in charge of BitMEX’s marketing function, which includes customer acquisition, brand and communication, user experience, and customer engagement spheres.

“Crypto is about innovation and inclusivity – this is why an iconic brand like BitMEX is a special opportunity to lend my support. As our product offering dramatically expands – especially for retail users – in the short term, our talented team will adopt an approach that will make BitMEX a preferred choice amongst crypto traders”, said Michele Bertacco at the time.

Read this next

Institutional FX

Euronext’s FX volume takes yet another step back in July

Pan-European exchange, Euronext has reported a 7.6 percent drop in the average daily volume on its spot foreign exchange market. The ADV figure stood at $21.4 billion in July 2022, which is down from June’s $23.1 billion.

Executive Moves

IG Group strengthens institutional sales with appointment of Glen Hastings

IG Group, Europe’s largest online trading platform, has onboarded Glen Hastings to the role of its institutional sales manager. He joins the FCA-regulated broker with immediate effect, based out of its offices in London.

Digital Assets

Voyager customers can withdraw up to $100K in cash via ACH transfer

Following approval of the bankruptcy judge, cryptocurrency brokerage firm Voyager plans to return $270 million in customer cash. The amount represents a small portion of investors’ crypto holding that have been locked up since the company filed for bankruptcy in April.

Retail FX

Britain’s lifeboat system to conclude LCG compensation scheme

Britain’s Financial Services Compensation Scheme (FSCS) said today it’s preparing to close the compensation scheme of the collapsed mini-bond provider, London Capital & Finance.

Uncategorized

Robinhood parts ways with its first CPO Aparna Chennapragada

In what apparently part of the restructuring it announced last month, Robinhood is parting ways with its Chief Product Officer Aparna Chennapragada. However, she’ll remain employed in an advisory role to the CEO through January 2023.

Digital Assets

Crypto.com expands regulatory footprint with new licence in South Korea

Crypto.com has acquired payment service provider ‘PnLink Co., Ltd.’ and virtual asset service provider ‘OK-BIT Co., Ltd.’ The move effectively provides a regulatory stamp for the company’s digital assets and cryptocurrencies business in South Korea.

Metaverse Gaming NFT

Why NFT Technology Could be the Much Needed Solution to Crypto Inheritance 

The digital asset market may have started with Bitcoin’s humble beginning but its fortunes have changed over the past decade.

Industry News

Kohle Capital Markets expands CFDs lineup to 200+ stocks

Kohle Capital Markets (KCM), the leading international provider of online trading, has once again expanded its contracts-for-difference (CFDs) offering, this time with the addition of new products on its trading platform.

Industry News

Kohle Capital Markets continues CSR initiatives with donation of art piece to Lions Club International

Global brokerage firm Kohle Capital Markets (KCM) is taking its corporate social responsibility very seriously and continues to navigate the challenging period brought forth by the pandemic and Russia-Ukraine war.

<