Crypto.com announces London team as UK is deemed a strategic market

Rick Steves

In 2022, the firm plans to hire more than 400 staff in the United Kingdom alone.

Crypto.com has announced a series of senior hires in London as the cryptocurrency platform boosts its presence in the United Kingdom.

The digital asset trading company, which seeks to establish a hub in the UK capital, has appointed Nick Charteris as the UK General Manager.

Charteris will lead the London office and will be backed by Head of Finance Matthew Ward. For communications and government relations of the EMEA operation, Crypto.com appointed George Tucker.

Crypto.com also appointed Rosie Donachie as Global Head of Sustainability and ESG, Joanna Jenkins as SVP of Compliance, EMEA, and Mike Warriner – SVP of Engineering, Europe.

UK, a strategically important market to Crypto.com

Kris Marszalek, Chief Executive Officer of Crypto.com, said: “The UK represents a strategically important market to Crypto.com. We are delighted to welcome these senior leaders to the Company and they will all play a vital role in strengthening our capabilities and attracting more talent in this market. This team will also work closely with the regulator as we continue to grow our UK business.”

Crypto.com is rapidly growing into one of the largest cryptocurrency trading platforms in the world, with over 10 million customers and over 3,000 employees across its offices in the Americas, Europe and Asia.

The firm plans to hire more than 400 staff in 2022 in the United Kingdom alone, with a significant investment in the engineering teams in the UK to power the billions of daily cryptocurrency and NFT transactions across its mobile apps low latency trading exchange.

Crypto.com sponsors Formula 1 Miami Grand Prix

Crypto.com is not only busy setting up offices across the globe. It is also very active in the marketing department, namely sports sponsorships. The firm has most recently with Formula One for the Miami Grand Prix.

The event will now be known as the Formula 1 Crypto.com Miami Grand Prix. The broker will get some of the top-tier slots for advertising at the qualifying rounds and during the upcoming Miami Grand Prix campus.

In addition to prominent signage across the circuit, Crypto.com branding package includes hospitality areas that feature 360 degrees views of the track, including an exclusive observation deck at Turn 4, it says.

Crypto.com is no stranger to Formula One as they struck a sponsorship agreement last year for a reported $100 million. Even before that, the five-year-old cryptocurrency exchange signed a multi-year deal with Aston Martin Cognizant Formula One Team in March 2021.

In both cases, the sponsorship deal brought exclusive experiences to Crypto.com fans, which also received branding on Aston Martin’s 2021 cars.

Read this next

Digital Assets

Binance upgrades Bahrain license to offer full-suite of crypto services

The Central Bank of Bahrain (CBB) has granted Binance its Category 4 license as a fully-fledged crypto-asset service provider (CASP).

Digital Assets

BitMEX spot exchange hits $24 million in daily volume

The newly-launched spot market of crypto exchange BitMEX reported a record of $24 million in 24-hour trade activity on May 25.

Retail FX

Financial Commission certifies offering of trade copier 4X Solutions

The Financial Commission, an independent self-regulatory compliance specialist for the financial services industry, has certified the trading technology offered by trade copier 4X Solutions.

Industry News, Inside View

LIVE from Devexperts webinar for brokers on Fractional Trading

Finance Feeds is providing live coverage of the event that aims to help brokers discover fractional shares as a key tool for a successful brokerage business in today’s trading industry.

Industry News, Retail FX

ASIC celebrates retail ban on binary options as 68% of wholesale clients lose money

In the 13 months before the ban, between 74% and 77% of active retail clients lost money trading binary options. The product intervention order does not apply to wholesale clients.

Crypto Insider

Investing in crypto: how to stay away from weak players

The main reason behind the hacks of crypto exchanges is weak key management. For example, all 4 hacks that took place in 2021 were caused by the ability of hackers to obtain access to hot wallets. 

Retail FX

Vantage launches swap-free gold XAUUSD trades for all clients until end of July

“As the greenback continues to strengthen, we want to support traders who remain bullish on gold or seek short term trading opportunities amid the volatility”

Industry News

Broadridge launches ESG reporting solution ahead of European regulation SFDR

The Broadridge managed solution for EET adds to existing Broadridge services, including European PRIIPs Template, European MiFID Template, Solvency II Tripartite Template and many more across the European jurisdictions.

Industry News

iCapital to acquire embedded structured investment platform SIMON

SIMON’s platform, SPECTRUM, is a multi-dimensional allocation analysis and portfolio construction tool designed to evaluate how structured investments and/or annuities may fit into a portfolio. 

<