After announcing plans to expand in Switzerland, the trading crypto exchange has now found someone to lead its Swiss business.
Seychelles-based Bitmex is appointing Ivo Sauter (pictured below) as chief executive of Bitmex Link Switzerland, according his Linkedin profile. Sauter joins the crypto trading exchange from Gazprombank where he worked as a chief digital, transformation and strategy officer.
Bitmex is a platform for crypto asset trading. Bitmex Link is the exchange's digital trading asset service, which includes spot trading, brokerage, custody, information products and a so-called academy for digital asset and crypto trading training.
The company announced its intention to launch a Swiss office last year, along with plans to apply for a Finma license.