Okcoin appoints three top FX sales executives as institutionals enter crypto
Okcoin is looking to onboard a significant amount of institutional investors with the help of the three FX industry veterans Gould, Vanblarcum, and Goldman.
Okcoin has hired three senior sales hires across North America, Europe, and Oceania, each having substantial foreign exchange (FX) experience.
The cryptocurrency platform appointed ex-LMAX Tom Gould as Head of Sales, North America; ex-LSEG Iskandar Vanblarcum as Head of Sales and General Manager, Europe; and ex-EQONEX Paul Goldman as General Manager, Australia.
FX industry executives going crypto
The three executives will work with Okcoin sales leaders in Asia and Latin America to help grow Okcoin institutional accounts, which grew by 450% in 2021.
Simon Ren, Executive Vice President of Institutional Business at Okcoin, said: “Onboarding a wide range of institutions onto Okcoin’s platform at scale requires a deep understanding of financial markets, and we’re pleased to have hired three banking industry veterans to lead the effort. Tom Gould, Iskandar Vanblarcum, and Paul Goldman each possess the investing prowess and business acumen to elevate Okcoin’s institutional offering on a global level.”
Tom Gould joins Okcoin from LMAX, where he served as Head of US Sales for LMAX Exchange. Prior to that, he held roles as Director of E-Commerce FX Sales at Bank of America and Director of eFX Sales at Credit Suisse.
Iskandar Vanblarcum joins the top tier digital asset exchange from London Stock Exchange Group/Refinitiv/Thomson Reuters, where he was Head of FX New Business. Other past roles include Managing Director in FX Sales at Barclays Capital.
Paul Goldman joins Okcoin from Nasdaq-listed cryptocurrency exchange EQONEX, where he was Head of Sales. EQONEX is currently under review by the board as the firm fired chief executive Richard Byworth and is looking to be taken over.
Goldman’s past roles include Head of Sales at Ceevo, Director of eFX Sales and Margin FX Business Management at HSBC, and Director of FX Sales and eFX Business Management at Macquarie Group.
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62% institutional investors with zero exposure enter crypto in 2022
According to research by Nickel Digital Asset Management, 62% of global institutional investors with zero exposure to cryptocurrencies expect to make their first investments in crypto within the next year.
Okcoin is looking to onboard a significant amount of institutional investors with the help of the three FX industry veterans Gould, Vanblarcum, and Goldman.
Okcoin offers a regulated platform with access to bundled trading products including exchange liquidity, OTC trading, wallet services, sub-account management, post-trade settlement, and an API for Earn, the platform’s decentralized finance (DeFi) and staking feature.
The firm was founded in 2013 and serves both institutional and retail investors across more than 190 countries, with licenses in the US, European Union, Canada, Japan, Puerto Rico, and more with offices across the globe.
Okcoin offers advanced trading tools, trading and account management APIs, flexible settlement options, and 24/7 client services to a range of institutions, including buy-side managers, liquidity and payment providers, retail brokers, trading firms, and more.
The exchange platform offers 50+ trading pairs and continues to list new assets for trading, such as Stacks (STX), Avalanche (AVAX), and MiamiCoin (MIA).
