co-ceo

At Binance Blockchain Week, CZ responded during the "KOL and Media Interaction" session to the question "How do you view He Yi's title adjustment and the shift in her future work focus?" by stating: "From my perspective, it is completely normal for He Yi to become Co-CEO. He Yi has always been a co-founder, working hard to maintain the community and serve users; she is the most diligent person I have ever seen. She has long been a pillar of the company.This title change is more of a formal business card for external purposes, allowing the Western community to become more familiar with her.He Yi and Richard have very different skill sets and are complementary. He Yi is 9 years younger than me, has a strong ability to learn, and can quickly fill in her gaps. For example, her English is not as good as Richard's, but she is still improving, even though you can still hear quite a few grammatical errors.Not long ago, I had not much to do in the U.S., just playing some sports; after returning, I found the company running well and the team very strong, which is a good thing.Life does not flow backward. I enjoy my current life, not having to constantly keep my eyes on binance.com, but rather giving others room to grow.My current focus is on the BNB Chain ecosystem projects and serving as a crypto advisor for multiple governments."

During the Binance Blockchain Week, ChainCatcher interviewed He Yi, the co-founder of Binance, regarding today's announcement of her appointment as "Co-CEO." He Yi stated that this structural adjustment will not bring fundamental changes to daily operations, but the three most important directions for development after her appointment are:First, to continue Binance's culture. She emphasized that the foundation of Binance's success lies in its culture, and in the future, she will continue to uphold and extend the core culture of being "user-centric." Second, she will focus on promoting systematic organizational development to enhance overall efficiency, rather than just empowering individual points. Finally, she mentioned that although she does not come from a technical background, she firmly believes that technological innovation is the driving force for the industry's progress. Therefore, she looks forward to introducing and promoting the application of AI technology at Binance to empower the long-term development of the entire industry.

Binance founder Zhao Changpeng stated regarding "He Yi will serve as co-CEO of Binance," "He Yi should have been the CEO of Binance from day one (8 years ago). Binance has two strong leaders with complementary skills, and there will be a great journey ahead."

On December 3rd, Binance announced at the Binance Blockchain Week event that co-founder He Yi has officially been appointed as Co-CEO.Binance Co-CEO Richard Teng stated, "Since the establishment of Binance, He Yi has always been an important member of the core management team. Her innovative thinking and user-centric philosophy have played a key role in continuously advancing and shaping the company's vision, culture, and bottom-up business strategy. This appointment is a natural progression, and she will continue to drive the company's growth."Richard further added, "We are committed to becoming the most trusted and compliant exchange globally, adhering to a user-first approach. He Yi plays a crucial role in building the community and driving product innovation, which is vital for us to achieve our goal of one billion users. In the future, we will continue to focus on building Web3 infrastructure, promoting financial freedom, and empowering more people to participate in a more open and equitable financial system."He Yi expressed, "I am honored to work alongside Richard. He has decades of rich experience in regulated financial markets and is one of the earliest financial regulators involved in the crypto industry. We have diverse perspectives and are confident in leading the future together at critical moments in the industry. We will continue to expand our business globally in a responsible manner, driving sustainable innovation while always placing users at the core."

According to cryptonews, the UK's Financial Conduct Authority (FCA) has strict rules for cryptocurrency promotions that require risk warnings and investor verification. Kraken's co-CEO Arjun Sethi criticized that these rules slow down the flow of funds, making it harder for retail investors to participate.The report states that in March of this year, Kraken announced it would acquire the derivatives platform NinjaTrader for $1.5 billion, a move that will deepen its presence in the futures and options space, while the company is also working to navigate the differences in regulatory environments between the UK and the US.

ChainCatcher news, Kraken co-CEO Dave Ripley responded to American Bankers Association Senior Vice President Brooke Ybarra's remarks about "stablecoin yields harming banks' ability," stating that consumers should have the freedom to choose where to hold their assets and earn yields, rather than being forced to earn interest through banks.Ripley criticized banks for charging fees on customer assets for a long time without sharing the profits, and claimed that the crypto industry is building a fairer financial system. Blockchain Association executive Dan Spuller also stated that traditional banks are trying to hinder the development of competitors like Coinbase and Kraken.

ChainCatcher news, according to Aastocks, the former CEO of New World Development, Zheng Zhigang, who resigned last September, recently announced the establishment of a new company "Shanghe Development" aimed at expanding into the digital and virtual asset fields. Zheng Zhiming, the Executive Director and Co-CEO of Chow Tai Fook, and Zheng Zhigang's younger brother, stated after the performance summary press conference that "Shanghe Development is Zheng Zhigang's private investment," and clarified that the Chow Tai Fook board has no plans to develop digital currencies or stablecoins.

ChainCatcher news, Kraken co-CEO Sethi admitted to having discarded a batch of Bitcoin. In an interview at Fortune's "Brainstorm Tech Conference," he stated, "The developers of my first company once gifted me a desktop filled with Bitcoin he mined. That was in 2009, and later I threw it away. Looking back now, that batch of Bitcoin could be worth as much as $300 million to $400 million."

ChainCatcher news, SharpLink Gaming Co-CEO Joseph Chalom stated in an interview that the market size for asset tokenization will reach $100 trillion, with ETH powering it.Chalom mentioned that Ethereum is a neutral, always-available, and trustworthy ecosystem. The future of asset tokenization will be programmable and decentralized, thus the rapid development of the asset tokenization market will revitalize and drive the growth of Ethereum.

ChainCatcher news, according to Bloomberg, Bitpanda co-founder and co-CEO Paul Klanschek announced his resignation and will take on an advisory role, with the position being succeeded by Vice CEO Lukas Enzersdorfer-Konrad.After achieving record annual performance, Bitpanda is evaluating strategic options, including a potential listing in Frankfurt. The company had explored going public last year, with a valuation of up to $4 billion.

ChainCatcher news, former BlackRock Digital Assets Strategy Head Joseph Chalom announced on social media that he has concluded his 20-year career at BlackRock and officially joined SharpLink Gaming as Co-CEO.During his time at BlackRock, Joseph Chalom assisted in launching the world's largest Bitcoin ETP (IBIT), Ethereum ETP (ETHA), and Ethereum-based tokenized fund (BUIDL), successfully bridging traditional finance and crypto assets.He stated that he will activate the company's ETH reserves, enhancing the value of the treasury through native staking, re-staking, and Ethereum yield strategies, ultimately converting it into long-term shareholder returns. SharpLink Gaming will become a compliant channel for institutional capital to access Ethereum's native yields.It is reported that Joseph graduated from Johns Hopkins University (Bachelor of Arts in International Relations) and Columbia Law School (Juris Doctor).

ChainCatcher news, according to Cointelegraph, Kraken co-CEO Arjun Sethi stated that as the exchange deepens its expansion into the integration of traditional finance and cryptocurrency, the scale of tokenized stocks will surpass that of stablecoins.

ChainCatcher news, according to Businesswire, Bakkt Holdings, Inc. (NYSE: BKKT) announced that starting March 21, 2025, it will appoint "an executive with a strong track record and extensive experience in the financial and technology sectors," Akshay Naheta, to serve as co-CEO of Bakkt alongside current CEO Andy Main.Bakkt stated that Akshay brings over 20 years of experience, providing a deep understanding of blockchain, financial markets, and payment systems. Previously, he served as an executive at SoftBank Group, overseeing numerous leading technology investments, including ARM, Auto1, and Nvidia. After leaving SoftBank, Akshay founded Distributed Technologies Research (DTR), aimed at building the next generation of global payment infrastructure.Additionally, Bakkt and Distributed Technologies Research (DTR) plan to sign a commercial agreement to combine DTR's stablecoin-based payment technology infrastructure with Bakkt's cryptocurrency trading and brokerage technology, pending approval from relevant regulatory authorities.

ChainCatcher news, Bitcoin mining company Rhodium Enterprises co-CEO Nathan Nichols has resigned, and the company has completed the sale of its Temple, Texas facility for $40.6 million in cash.Rhodium announced in an email to investors last week that Nichols has decided to resign, effective after the New Year. Just weeks ago, Rhodium's creditors filed a lawsuit against him and other co-founders, accusing them of fraud.Rhodium also informed investors that the company had previously secured $15 million of a $30 million debtor-in-possession financing from Galaxy Digital. After completing the sale of the Temple facility on December 18, the company used $16 million of that to fully repay its debt to Galaxy, including fees and interest.

ChainCatcher news, according to Bloomberg, former Alameda Research co-CEO Sam Trabucco has agreed to transfer a range of assets, including a yacht, to FTX creditors.Trabucco purchased the 53-foot boat for $2.51 million in March 2022, just months before he left Alameda. According to a court document dated November 10, Trabucco also agreed to relinquish his legal ownership of two San Francisco apartments that he purchased for a total of $8.7 million in 2021.The document states that he also agreed to transfer all rights to approximately $70 million in claims made against FTX to the creditors, which will be dismissed.

ChainCatcher news reports that a representative has confirmed that Kraken, the world's sixth-largest cryptocurrency exchange, has undergone a round of layoffs. As the news broke, board member Arjun Sethi was appointed as co-CEO to accelerate the company's growth alongside current CEO David Ripley.In a blog post announcing Sethi's appointment on Wednesday, the co-CEO wrote: "We are also launching transformations that fundamentally change how we innovate, build, and launch products for our customers. As we achieve net revenue of over $1 billion as a global remote organization, we have fallen into the trap of building organizational hierarchies."The article states that the company has become top-heavy, with corporate structures and decision-making leaning towards management, thus "we are making organizational discipline decisions to address this issue and eliminate hierarchies; we need to be leaner and faster."New York Times tech reporter Mike Isaac earlier posted on X that two internal sources disclosed that Kraken is laying off 15%. A representative from Kraken declined to comment on this figure.

ChainCatcher news, according to two informed sources, Arjun Sethi, co-founder of venture capital firm Tribe Capital, is expected to be appointed as the co-CEO of cryptocurrency exchange Kraken, working alongside current CEO Dave Ripley.Sethi first invested in Kraken in 2019 and joined its board in 2021. According to one informed source, even after taking on the new role at Kraken, Sethi will retain his position as Chairman and Chief Investment Officer of Tribe Capital.Yesterday, Kraken announced plans to launch an L2 blockchain called Ink early next year.Previous news, on December 11, 2023, Arjun Sethi, CEO of venture capital firm Tribe Capital, has stepped down, with Boris Revsin as his successor. Arjun Sethi will serve as Chairman and Chief Investment Officer of Tribe Capital.

ChainCatcher news, GSR co-CEO Rich Rosenblum and its CTO John MacDonald have left the company.Previously, on June 26, the then CEO Jakob Palmstierna transitioned to the role of president, while Rosenblum and Xin Song took on the role of co-CEOs. The new structure aligns with the company's "computational creativity."GSR noted that Rosenblum left the company to "pursue new entrepreneurial opportunities" and will remain in contact with him.

ChainCatcher news, the encrypted payment infrastructure provider Banxa Holdings Inc. announced the appointment of Zafer Qureshi as Co-CEO, partnering with Holger Arians. This strategic move aims to "leverage the combined expertise of both parties to propel Banxa into a new era of growth and innovation."Chairman and Co-CEO Holger Arians stated, "Zafer's joining the team has played a significant role in Banxa's development over the past 12 months. Zafer and I have worked closely together to transform Banxa from a loss-making company into a sustainably profitable one. Our complementary skills and shared vision make this co-leadership model an exciting development for Banxa. We are committed to driving Banxa's continued success and delivering exceptional value to our stakeholders."