Genesis Global snatches CMO Jason Jhonson from metaverse company

Rick Steves

The hire of Jhonson follows the announcement that Genesis raised $20 million in fresh funding from US banking giants, Bank of America, BNY Mellon and Citi.

Genesis Global has appointed Jason Jhonson as Chief Marketing Officer of the low-code application development platform.

Reporting to chief executive Stephen Murphy, Jhonson joins Genesis at a time of rapid growth. To date, more than 100 people joined the firm in 2022.

Genesis low-code platform to develop software for trading, risk, and more

Stephen Murphy, co-founder and CEO of Genesis Global, said: “With impressive experience building brands for game-changing technology companies, Jason is uniquely suited to helping Genesis become the driving force for software innovation in financial markets. His leadership will fuel demand for the Genesis low-code platform and further our engagement with the vibrant developer community that is the innovation heartbeat in financial services.”

Jason Jhonson, Chief Marketing Office at Genesis Global, commented: “I am excited to help Genesis become the industry-wide catalyst that enables financial firms to unlock their innovative potential. Bringing the Genesis low-code platform to market is a transformative opportunity to accelerate software development for trading, risk and other mission critical systems.”

The new chief marketing officer has more than 20 years of experience building world-class brands for pioneering technology companies like Improbable, GitHub, PayPal and Yahoo.

Jhonson joins Genesis from metaverse technology company Improbable in a difficult period for firms in the blockchain space. As Chief Marketing Officer and Chief Commercial Officer, he built marketing and sales teams from ground up and helped Improbable scale during five years of growth.

At Genesis, he will lead the firm’s message of reinventing software delivery in financial markets through its low-code platform as well as  forging deep, authentic connections with developer communities as Genesis seeks to engage with software developers throughout financial services to drive brand strength and business growth.

Genesis raised $20m from US banks after a $200m round led by Tiger Global

In July, Genesis announced it raised $20 million in fresh funding from a host of US banking giants. Bank of America, BNY Mellon and Citi contributed to the latest capital injection.

The financing comes five months after Genesis, which has built a low-code/no-code application platform specifically for the financial markets, had raised $200 million led by Tiger Global Management.

Genesis has now raised $270 million since its first external capital injection in November 2018. The UK startup will use the investment to further the development of its platform’s core technology as well as to bolster sales and marketing efforts.

Genesis bills itself as the low-code platform for capital markets software development, which enables the rapid creation of products and solutions without having to write substantial lines of code. The paradigm has increasingly gained momentum in the financial industry as it enables relevant service providers to build their own solutions faster and simpler.

Firms looking to digitise manual workflows can benefit from Genesis Application Library, which offers a suite of products, ranging from interest rate pricing to a wealth management portfolio structuring product.

Read this next

Digital Assets

Flock.io and io.net Unite to Pave the Way for Decentralized AI Development

In an effort to create a community-driven Flock.io platform for on-chain, decentralized AI models; the leaders have decided to join hands with io.net to power Flock with decentralized computing.

blockdag

Crypto 2025: The Action Points to Follow to Capitalize on Bitcoin and BlockDAG Network’s 2025 20000X ROI Predictions

In this analysis, we delve into the price predictions for Bitcoin and BlockDAG Network, and we explore the factors driving these projections while offering actionable insights for investors that are looking to capitalize on the 20000x potential of these projects.

Retail FX

Orfinex joins Financial Commission as approved broker member

Multi-asset brokerage firm Orfinex has become a member of the Financial Commission, joining the ranks of the self-regulatory organization. This accreditation reassures traders that the firm meets the quality standards set by the commission.

Fintech

Telegram CEO’s Bitcoin stash valued in hundreds of millions

Telegram CEO Pavel Durov revealed that he has held several hundred million dollars in fiat and bitcoin for the past decade.

Digital Assets

Bitcoin drops below $60K as halving just 300 blocks away

Bitcoin fell below the $60,000 mark on April 17, just days before a scheduled reduction in mining rewards, known as the “halving,” which is set to occur on April 20.

Chainwire

New Meme Coin ICO Dogeverse Raises $6 Million After Completing Coinsult Audit

A new multichain meme coin, Dogeverse, has raised $6 million in its presale and recently passed a smart contract audit.

The new meme coin leverages bridge technology, ensuring the token is available across the most prominent on-chain markets.

Retail FX

Interactive Brokers posts Q1 earnings, raises dividend

Interactive Brokers Group Inc (NASDAQ:IBKR) announced its first-quarter financial results for the period ending March 31, 2024. The leading automated global electronic broker reported a GAAP diluted EPS of $1.61 and an adjusted EPS of $1.64.

Fundamental Analysis, Tech and Fundamental

Global FX Market Summary: USD, FED, Gold  April 17 ,2024

The Fed’s hawkish stance on interest rates is strengthening the US dollar while central banks globally grapple with inflation and economic growth.

Digital Assets

Kraken launches self-custodial wallet, joining competitors like Coinbase

Kraken, the second-largest U.S.-based cryptocurrency exchange, has introduced its own digital wallet, aligning its offerings with those of competitors like Coinbase.

<