Bitstamp Appointed New CEO After Julian Sawyer’s Departure

Bitstamp appointed new CEO, JB Graftieaux after Julian Sawyer’s departure so let’s find out more today in our latest cryptocurrency news.

Bitstamp is the largest exchange in Europe and recently it appointed former chief compliance offer and Europe CEO JB Graftieaux as the new global CEO following the departure of the former CEO Julian Sawyer. Sawyer joined Bitstamp in October 2020 and left the company to puruse other opportunities as the exchange announced on Monday. The new CEO served as the Bitstamp CCO from November 2014 to February 2016 and enjoyed a five-year spell at PayPal from 2009  to 2014 and eBay from 2016 and 2021.

Bitstamp credited Graftieaux with obtaining regulatory licenses for the EU-based operations while he was CCO and accelerated the company’s growth in the EU over the past year.
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Last month, the exchange revealed plans to spur growth in the US with the new extension of its services offering to stateside banks and fintech and also enable them to provide digital asset services to the customers.

As recently reported, The Bitstamp exchange will sponsor Esports organization Immortals after signing a three-year partnership deal and the exchange will be the founding partner and official crypto exchange. This is not the first foray for Esports into the world of crypto. It already has an existing partnership with DEFI artificial intelligence company fetch.ai and Bitstamp will be the team’s second crypto partner. This is also not Bitstamp’s first esports partnership. Three weeks ago, the exchange announced it will pay $6.1 million in a three-year deal to become the exclusive sponsor of the British organization Guild esports. The US-based Immortals runs the teams for multiplayer online battle arena game known as “League of Legends” as well as “Valorant” as a first-person shooter. Both games are developed by Riot Games which secured a huge sponsorship with FTX last year.

The crypto exchange Bitstamp confirmed that it will be listing the meme coin which was supposed to happen on December 9^th but it came to a halt after bitstamp said they were having technical difficulties with listing the digital asset. The integration of Shiba into Bitstamp’s crypto exchange was stalled when the exchange ran into technical issues that got the meme coin on board. This caused it to halt the listing of the token on the platform and after the technical difficulties, the coin listing came to an indefinite hold as the exchange tried to fix the problems.