Genesis Global's ex-CEO joins new crypto firm
At the start of 2023, crypto firm Genesis Global filed for bankruptcy, a fate that was preceded by mass layoffs in the crypto industry, including the removal of 30% of the headcount at their own firm a few weeks before.
Michael Moro was CEO for much of Genesis Global's rise, but left long before the fall. Appointed COO in 2015 then CEO a year later, he served in that role for six and a half years before moving to become CEO of Genesis Global Capital. He left that role last August, but has now finally resurfaced at a new fintech, Ankex.
Ankex is a crypto derivatives exchange which, according to BusinessWire, "offers sophisticated trading and transparency from the secure self-custody of a decentralized wallet."
The firm will be looking to grow following his appointment. Moro says there will be "more news and job openings to come."
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