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Bitstamp Crypto Exchange Expands Into Asia-Pacific With Key Hire

Bitstamp, the Luxembourg cryptocurrency exchange hires Andrew Leelarthaepin to drive the Asia-Pacific (APAC) region in terms of business development.

On Nov. 13 Bitstamp announced in a press release that Leelarthaepin’s aim to join the firm is to expand Bitstamp’s services in the Asia-Pacific region “to meet the growing level of demand for the exchange’s services.” 

Happy to announce that Andrew Leelarthaepin is joining Bitstamp as VP of Business Development in the Asia-Pacific region. Andrew will lead our expansion in this key market from Singapore, opening a new chapter for Bitstamp in Asia: — Bitstamp (@Bitstamp) November 13, 2019

Bitstamp’s Aim To Establish in Asia

Miha Grčar, global head of business development at Bitstamp, mentions that the exchange has “an excellent reputation” in the West, although it was unable to expand its presence in the APAC region. Grčar notes that hiring Leelarthaepin can help in stepping up themselves in the Asian market.

“Andrew’s knowledge of the global financial markets and experience in the region makes him a great fit to oversee Bitstamp’s expansion in this very important market.”

Leelarthaepin has work experiences in reputed firms such as JPMorgan Chase, CGS-CIMB Securities, and Saxo Bank, specializing on running distribution business across the Asia-Pacific region.

Leelarthaepin commented on his new position: 

“Cryptocurrency adoption in Asia is growing at a breakneck pace and the commodities and assets trading markets in general are very highly developed. I believe there is a large need for Bitstamp’s mature approach to crypto in this region and look forward to expanding our presence here.”

Source: GLOBENEWSWIRE | Image: Altcoin Buzz



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