Genesis co-head of sales and trading is the latest crypto executive to exit his position.
Following the exit of Michael Moro as the CEO of Genesis Global Trading, the crypto brokerage firm’s co-head of sales and trading is also stepping down from his position.
The development continues the latest trend of crypto company executives who have resigned from their positions.on Wednesday , Matt Ballensweig announced that he was exiting his post as co-head of sales and trading for Genesis after working at the firm for over five years.as co-Head of Sales and Trading after 5+ years. Over the last month I’ve started transitioning my core responsibilities to a handful of trusted colleagues who will step up to run our front-line businesses.
“My mission will be to help facilitate the next cycle of growth and mainstream adoption through my expertise in capital and information flow, trading and lending, yield, venture and bridging institutional participants with crypto-native opportunities.”from his position as CEO in August. At the time, the brokerage firm was undergoing a leadership reshuffle, with Derar Islim taking over the helm pending a permanent replacement.
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