CoinPayments Announces Appointment of Dennis Pederson as CEO

Cryptocurrency payment services provider, CoinPayments announced yesterday that the company has elevated Dennis Pederson, one of the well-known names in the global blockchain and crypto ecosystem, to the position of Chief Executive Officer.

Pederson, who initially joined CoinPayments in 2016 as a General Manager, was later promoted to multiple leadership roles and most recently worked with the company as its Chief Operating Officer (COO). Additionally, the crypto payment services provider highlighted the significant contribution of Pederson towards its expansion.

"I am excited and honored to be given the opportunity to lead the world's premiere crypto payments gateway service provider," said Pederson. "This is a new era for us, and many positive changes will come over the next year. I look forward to seeing the Company continue to evolve and grow."

"While our global expansion continues, CoinPayments' goal remains the same – provide merchants of all sizes with a trusted, streamlined, and scalable solution to accept cryptocurrency payments," the newly appointed CEO of CoinPayments added.

Cryptocurrency Market

Digital assets have gained immense popularity among retail as well as institutional investors during the past few years. With growing popularity, the demand for crypto payments has surged. CoinPayments mentioned that the overall jump in demand had a positive impact on its services as the company’s global transactions totalled $7 billion in 2021, which is up by more than 100% compared to the previous year.

"As a co-founder, I couldn't be more elated with Dennis' appointment as CEO. He has already demonstrated incredible acuity in leading the Company, and I am certain in his new role, he will propel CoinPayments to the next stage of its development as we continue to scale and more payments move to the blockchain," said Sina Mirzaie from CoinPayments.

Founded in 2013, CoinPayments aims to accelerate its expansion through Pederson’s appointment.