Robert Zagotta stated that the Bitstmap intends to double its US team by 2021 and to triple it by 2022.
Bitcoin exchange Bitstamp has appointed Robert Zagotta, a former chief commercial officer of Kraken, as its first CEO in the United States. Zagotta will be the exchange’s first CEO in the country.
In a statement issued today, Bitstamp stated that Zagotta would be joining the company to “oversee day-to-day operations” and to help the exchange expand its presence in the country.
He previously worked as a senior managing director at the cryptocurrency exchange Kraken for more than three years, and before that, he was with the Chicago Mercantile Exchange Group as a senior managing director.
According to Bitstamp Global CEO Julian Sawyer, “The U.S. has a unique regulatory landscape and a huge potential upside in the digital asset industry,” It underlines the importance that the United States plays in our global exchange by selecting an executive vice president for the area.
Cointelegraph reported that Zagotta would be responsible for “the intricacies and opportunities in the United States market,” while Sawyer would be in charge of Bitstamp’s worldwide strategy.
He stated that his goal was to pique the interest of corporations and investors in the United States, but that the exchange was already a “major competitor” for local cryptocurrency exchanges.
In recent months, Bitstamp has employed a number of specialists to fill leadership positions within the company. Sawyer, a former Gemini executive, took over as CEO and co-founder of the exchange in October, replacing Nejc Kodri, who had served as CEO and co-founder for more than a decade. In addition, the company announced that it would hire a new chief financial officer and a new chief operating officer beginning in April.
“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.”
During the first six months of 2021, according to Bitstamp, the crypto exchange had a 570 percent growth in new customers in the United States, along with a 281 percent increase in assets under management.
According to CoinMarketCap, the exchange is ranked 11th in the world, with a daily trading volume of more than $270 million dollars.