Zero Hash, a cryptocurrency-as-a-service (CaaS) company targeted at investment platforms, has hired William Klippel, a former long-time executive of GAIN Capital, as its new Vertical Head of Investment Platforms. Zero Hash announced Klippel’s appointment on Thursday.

Klippel worked at GAIN Capital for almost 15 years, serving in various senior roles including as Director of Sales & Operations at GTX Direct, GAIN Capital’s institutional prime brokerage solution. Moreover, he worked at a StoneX Group subsidiary, FOREX.com.

Before leaving the US-based provider of online trading services in June 2020, Klippel worked as its Head of Direct Market Access Product and Commercial Proposition for over two years. The industry veteran joins Zero Hash from Capitalize.ai, a provider of natural language-based trading automation services, where he has been serving as the Global Head of Sales since June 2020 after exiting GAIN Capital. He brings nearly two decades of experience to the new role.

“We’re thrilled to have Will on board. His extensive experience within the brokerage industry will continue to strengthen Zero Hash’s position as the default infrastructure provider for investment platforms,” Edward Woodford, the CEO of Zero Hash, said in a statement.

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Growing Zero Hash

Zero Hash describes itself as a low-code, application programming interface-first business-to-business-to-consumer (B2B2C) CaaS platform that helps investment platforms to “seamlessly embed crypto products native into their own trading platform.”

The company says it powers platforms such as IG Group-owned tastytrade and TradeStation, a provider of trading technology and online brokerage services. The firm also powers neo-banks, broker-dealers and payment groups, among other categories of businesses.

Speaking on his appointment, Klippel noted that he is joining the B2B2C embedded infrastructure provider to help drive its global growth.

"Having spent the past few years getting to know Edward Woodford and watching Zero Hash quickly ascend to the top echelon of the crypto-as-a-service space, it's hard to put into words just how exhilarated I am to be taking on this new role," Klippel wrote in a LinkedIn post.