GEMINI TAPS WALL STREET EXEC TO ATTRACT INSTITUTIONAL CRYPTO INVESTORS

 

Digital currency exchange Gemini has procured another Wall street official as a major aspect of its offer to pull in more institutional customers.

Declared in an official statement, the New York-authorized exchange said that Jeanine Hightower-Sellitto – beforehand chief operating officer at the Nasdaq-owned International Securities Exchange (ISE) – is joining the company as managing director of operations on Wednesday.

Her job will be “supervising Gemini’s institutional onboarding and expanding client services team,” the organization said.

Before she was appointed, Hightower-Sellitto put in 13 years at ISE – a noteworthy U.S. options trading platform – and dealt with the organization’s progress after its full procurement by Nasdaq in June 2016 for $1.1 billion.

Gemini president Cameron Winklevoss said:

“Jeanine’s depth of knowledge and experience in the financial industry makes her a valuable asset to our organization and our customers.”

Hightower-Sellitto is the most recent official inclusion to the Gemini group and her employment has come when the crypto trading platform is hoping to extend its services for institutional financial specialists.

In July, Gemini employed previous chief information officer at the New York Stock Exchange, Robert Cornish, to fill in as its first chief technology officer. The exchange said at that time that Cornish would be responsible for Gemini’s innovation and master plan, and additionally supervising spread of a Nasdaq market observation framework at the firm.

Trying to guarantee investors of its unwavering quality, Gemini just got insurance for the digital resources in its care. Its fiat cash possessions are as of now secured by Federal Deposit Insurance Corporation.

The exchange also said that “consumers are looking for the same levels of insured protection they’re used to being afforded by traditional financial institutions.”

 



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