Bitmex Announces CEO for Swiss Business

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 as chief executive of Bitmex Link Switzerland, according to 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.