Matrixport appoints new US CEO

Crypto lending platform Matrixport has appointed a new CEO to manage its US business. It is reported by The Block.

It was former COO Mo Zhou.

Anthony DeMartino, who led the US division since June 20, 2022, has moved to a consultant position.

The company stressed that it will continue to develop in the US as part of its international growth strategy.

Matrixport is one of the largest crypto firms in Asia. Its monthly trading volume is $5 billion.

Earlier, Merkle Science CEO Mriganka Pattnaik said that the United States will not lose its attractiveness as the center of the crypto industry.

The opposite opinion was expressed by the head of Ripple, Brad Garlinghouse, who predicted the exit of firms associated with digital assets from the United States due to the lack of clear regulation.

In May, Gemini founders Cameron and Tyler Winklevoss announced plans to open the company’s headquarters in London due to the “hostile” regulatory climate in the US.

Recall that Matrixport analysts predicted that Bitcoin would reach $125,000 by the end of 2024. In their opinion, the end of the key rate hike cycle could become a catalyst for a new rally. Fed.

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