• Timothy Stranex, co-founder and chief technology officer (CTO) of cryptocurrency exchange Luno, departed in December to pursue personal projects.
• He was replaced as CTO by Simon Ince, who joined Luno just under two years ago as its vice president of engineering.
• Luno, which is a subsidiary of Digital Currency Group (also the parent company of CoinDesk), has over 10 million customers worldwide and offices in London, Singapore, Cape Town, Johannesburg, Lagos and Sydney.
Cryptocurrency exchange platform Luno has seen some changes at the top recently, with the departure of co-founder and chief technology officer (CTO) Timothy Stranex in December. Stranex had founded the company nearly 10 years ago alongside Carel van Wyk, Pieter Heyns and current CEO Marcus Swanepoel, and his departure has seen him replaced as CTO by Simon Ince, who joined the company just under two years ago as its vice president of engineering.
Luno, which is owned by Digital Currency Group (also the parent company of CoinDesk), has been operating for over 10 years, and has grown to become a global company, with over 10 million customers worldwide and offices in London, Singapore, Cape Town, Johannesburg, Lagos and Sydney. The company offers a secure platform for users to buy, sell, store and trade cryptocurrencies, as well as providing access to a range of educational resources and tools to assist users in understanding the cryptocurrency markets.
In addition to its exchange platform, Luno has also launched a range of initiatives to support the growth of the cryptocurrency sector, including the recently launched ‚Luno Ventures‘, which is an initiative to provide financial and technical assistance to startups in the space, as well as its ‚Luno Academy‘ program, which provides educational resources and support to those interested in learning more about blockchain technology, cryptocurrencies and trading.
The company also recently announced a new partnership with Visa, which will enable its users to buy, sell, store and spend cryptocurrencies directly from their Luno wallets. This new partnership marks a major milestone for the company, as it demonstrates its commitment to bring the benefits of cryptocurrencies to more people around the world.
All in all, Luno has established itself as one of the leading cryptocurrency exchanges, with its strong commitment to innovation, safety and security, and customer service. With the departure of Timothy Stranex and the appointment of Simon Ince as CTO, the company looks set to continue to grow and expand its services and offerings in the months and years ahead.