Reports said that Bitstamp has announced the appointment of Jean-Baptiste (JB) Graftieaux as its new global CEO after the departure of Julian Sawyer.
It has been reported that Bitstamp said Sawyer, who first became CEO of the crypto exchange in October 2020, “has decided to pursue other opportunities.” Graftieaux took over the position on May 7, having been the Bitstamp Europe CEO since May 2021.
However, according to Bitstamp, Graftieaux has 20 years of experience in “crypto, payments, and financial sectors,” having first joined Bitstamp in November 2014 as the firm’s chief compliance officer following five years at PayPal.
Nicolas Huss, the Board of Directors Chair at Bitstamp, said:
“JB was with Bitstamp in its early days, and has admirably led our European business over the past year. We’re pleased to welcome a CEO with such an impressive track record, and very much look forward to the contribution and perspective he will bring to the company in his new role.”
The report said that Graftieaux will be the third global CEO of Bitstamp after the departure of Sawyer, who took over from the exchange’s co-founder Nejc Kodrič. It’s unclear if Sawyer will continue to work in the digital asset space — his LinkedIn profile, as of May 9, showed the former CEO was an honorary senior visiting fellow at City, University of London and a board adviser for neobank Volt.
Thus, Bitstamp is ranked 11th among crypto exchanges with a daily trading volume of more than $322 million, according to data from CoinMarketCap. In April, the exchange requested its users to update their accounts to identify the origin of cryptocurrencies stored on the platform, in compliance with regulations.