Coinfloor Appoints Ex-Morgan Stanley Executive as CTO

Another day, another executive move in the fast-moving world of cryptocurrency. This time it’s Coinfloor’s turn to make some changes to its executive team.

A document released by the cryptocurrency Exchange Exchange An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv Read this Term operator on its Companies House page indicates that it has appointed David Bujan-Tome as a director.

Bujan-Tome took up his new position on the first day of the new year.

The CTO has a swathe of experience working in the institutional financial industry.

He got his start working as a Senior Analyst Programmer at Barclays, where he stayed for almost a decade.

After leaving the bank in 2008, he worked at a number of different firms as a Java Consultant.

In just under a decade, Coinfloor's new CTO worked for Euroclear, Merrill Lynch, RBS, Morgan Stanley, and BNP Paribas.

After his various stints at these different firms, he then took up a role as an eFX Developer at RBS in 2014.

He spent two years at the firm before moving to a similar role with American investment banking giant Morgan Stanley.

From Morgan Stanley to the world of crypto

It was from there that he joined Coinfloor. Starting as Head of Technology in January of last year, it seems that Bujan-Tome has done well enough at the cryptocurrency exchange to move up to become CTO.

Bujan-Tome’s promotion comes just two months after Coinfloor shed the bulk of its 40-person staff. According to Financial News, Bitcoin Bitcoin While some may still be wondering what is Bitcoin, who created Bitcoin, or how does Bitcoin work, one thing is certain: Bitcoin has changed the world.No one can remain indifferent to this revolutionary, decentralized, digital asset nor to its blockchain technology.In fact, we’ve gone a long way ever since a Florida resident Laszlo Hanyecz made BTC’s first official commercial transaction with a real company by trading 10,000 Bitcoins for 2 pizzas at his local Papa John’s.One could now argue that While some may still be wondering what is Bitcoin, who created Bitcoin, or how does Bitcoin work, one thing is certain: Bitcoin has changed the world.No one can remain indifferent to this revolutionary, decentralized, digital asset nor to its blockchain technology.In fact, we’ve gone a long way ever since a Florida resident Laszlo Hanyecz made BTC’s first official commercial transaction with a real company by trading 10,000 Bitcoins for 2 pizzas at his local Papa John’s.One could now argue that Read this Term’s crash and a decline in trading volumes hit the exchange operator hard.

Still, it’s not been all bad for Coinfloor in the past few months.

This Monday the firm confirmed the launch of Coin Futures and Lending Exchange (CoinFLEX) - a Hong Kong-based offshoot of Coinfloor which, headed up by company Co-Founder Mark Lamb, is going to be providing physical settlement cryptocurrency futures to Asian retail investors.

And, according to Coinfloor CEO Obi Nwosu, the bulk of the 40-person staff that left the firm have actually been transferred to CoinFLEX.