Zonda: Eastern European crypto exchange hires Jakob Lundqvist as CTO

Rick Steves

Zonda is going through a period of rapid growth and international expansion, having rebranded from BitBay last month.

Cryptocurrency exchange Zonda has appointed Jakob Lundqvist as Chief Technology Officer (CTO) a month after hiring a new Chief Executive Officer.

Jakob Lundqvist joins Zonda after serving at Bitcoin Suisse AG as Enterprise Architect and head of development as the firm provided prime brokerage, staking, storage, lending, and other crypto-financial services.

Popular in Eastern Europe, Zonda wants to take over the world

At Bitcoin Suisse, he helped the crypto-native company to build the new system landscape by adding vital architecture for various core systems.

His career includes time with several start-ups in Europe and the US and a stint as lead architect for a series of major public sector projects in Denmark.

Przemysław Kral, CEO of Zonda, said: “Zonda is building a uniquely customer-centric cryptocurrency exchange with simplified tools for the next-generation of cryptocurrency users, and Jakob’s expertise is perfectly suited to creating that platform. His talent for designing best-in-class software architecture is invaluable, but it’s his passion for both the business and our shared people-first philosophy towards product design that make us so pleased to be welcoming him aboard.”

Jakob Lundqvist, Chief Technology Officer at Zonda, commented: “Zonda is going through a period of rapid growth and international expansion, and I’m excited to be joining the company at such an eventful time. Zonda is known for being the largest exchange in Eastern Europe, but it’s on course to secure a far greater presence on the global stage. For me, technology is the fuel that will drive that growth. It can be a great enabler when designed with care and passion, and that’s exactly what I plan to bring to Zonda in the next chapter of its growth story.”

The new chief technology officer will be responsible for developing crypto related technologies and advancing the exchange’s ambition to lead the world on regulation.

Zonda is working closely with regulatory bodies to create an open and supportive market that protects users from fraud without compromising independence or innovation, and technology has a central role to play in that mission.

BitBay rebranded to Zonda

In early November, BitBay announced the rebranding to Zonda, including a name and logo change.

“We have come a long way since those early days in Poland, when just 3,000 users would use our platform predominantly to trade Bitcoin. Fast forward to today and BitBay is a well-known brand for European cryptocurrency investors, with more than one million registered users, a suite of products, and over 50 currencies available to trade.

“Eight years of growth, and a rapidly expanding portfolio of products, have led us to the next step in our evolution. A new name, Zonda, which reflects the ‘winds of change’ currently taking place in the industry; a new strategy, focused on regulation, simplification, and education; and a new leadership team, with ambitions to grow the company’s global footprint”, the firm explained.

The newly appointed board of directors includes Przemysław Kral as CEO; Kamil Sikorski as Chief Growth Officer; and David Sendecki as CCO.

Read this next

Retail FX

FF Simple and Smart Trades says Goodbye to CySEC authorization

The Cyprus Securities and Exchange Commission (CySEC) confirmed that it has wholly withdrawn the Cyprus Investment Firm (CIF) licenses of FF Simple and Smart Trades Investment Services Ltd.

Crypto Insider

Shining the Light in Crypto’s Dark Places

Something changed in regulators’ minds after the November crash of the FTX crypto exchange.

Executive Moves

Financial Commission Adds Sam Low to Dispute Resolution Committee

The Financial Commission (FinaCom PLC), a dispute resolution service that caters to the financial services industry, has appointed Sam Low as the newest member of its Dispute Resolution Committee (DRC).

Digital Assets, Uncategorized

De-facto owner of Bithumb exchange arrested in South Korea

South Korean prosecutors have arrested Kang Jong-Hyun, the anonymous chairman and owner of the country’s largest cryptocurrency exchange, Bithumb, on charges of embezzlement and stock manipulation.

Retail FX

Interactive Brokers volumes snap three-month losing streak

Electronic brokerage firm Interactive Brokers LLC (NASDAQ:IBKR) said its trading volumes rose in January, an indication that investor confidence in the financial markets is rebounding after having been fairly mixed over the past few months.

Digital Assets

VVF invests $5 million in Everscale, a potential Layer 2 solution for Venom blockchain

“For us, this is a strategic investment aimed at the technological development of projects and teams around technologies that we focus on and actively develop. In particular, we are talking about the Venom blockchain project and its ecosystem, which is planned to be launched soon and for which Everscale is a potential Layer 2 solution.”

Institutional FX

FXSpotStream volume ends string of declines on January rebound

Trading volumes on institutional FX platforms surged in January as traders increased their bets on central bankers’ policy with evidence mounting that inflation and economic growth are both losing momentum.

Industry News

DeFi firm Aurox launches SEC-compliant crowdfunding campaign on tZERO

“This is a great opportunity for us to raise capital from our community and the broader public on a leading fully regulated platform. We are confident that the tZERO Markets platform will provide us with the exposure and reach we need to attract a diverse investors to support our business growth.”

Industry News

Morgan Stanley launches ETF platform with six ESG-focused products by Calvert

“These new ETFs will resonate strongly with investors who seek competitive investment results while promoting positive change and supporting companies that are leaders in improving long-term shareholder value and societal outcomes.”

<