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“In 2021, we doubled our US team, and by 2022, we intend to triple it,” stated Robert Zagotta.
Bitstamp, a cryptocurrency exchange, has appointed Robert Zagotta, the chief commercial officer of Kraken, as the company’s first CEO in the United States.
Bitstamp announced today that Zagotta will be joining the company to “oversee day-to-day operations” and help the exchange expand in the country. He spent more than three years at crypto exchange Kraken and previously worked for the Chicago Mercantile Exchange Group as a senior managing director.
“The U.S. has a unique regulatory landscape and a huge potential upside in the digital asset industry,” said Bitstamp Global CEO Julian Sawyer. “By appointing a regional CEO for Bitstamp, it demonstrates the importance that the United States is playing for our global exchange.”
Zagotta told Cointelegraph that he would focus on “the complexity and prospects in the United States market,” while Sawyer would be in charge of Bitstamp’s worldwide strategy. He stated that his goal was to attract interest from US firms and investors, but that the exchange was already a “major competitor” for local cryptocurrency exchanges.
In recent months, Bitstamp has employed a number of specialists to occupy senior positions. In October, Sawyer, a former Gemini executive, took over as the exchange’s long-serving CEO and co-founder, Nejc Kodri. In April, the company also announced that it would hire a new chief financial officer and chief operational officer.
“We will continue to bring in top talent in the U.S. and around the globe,” said Zagotta. “We doubled our U.S. team in 2021 and expect to triple the team by 2022.”
According to Bitstamp, the crypto exchange has seen a 570% increase in new customers in the United States for the first half of 2021, with a 281% increase in assets under management. Data from CoinMarketCap shows the exchange ranks 11th overall, with a daily trading volume of more than $270 million.