Monday, June 13, 2022

ASCENDEX APPOINTS SHANE MOLIDOR AS NEW CEO

Singapore, June 10 (Bernama-GLOBE NEWSWIRE) -- AscendEX, a global cryptocurrency financial platform, announced today that Shane Molidor has been appointed Chief Executive Officer. He succeeds the exchange’s founding partner, George Cao, who will continue to support AscendEX as Chairman.

Shane Molidor joined AscendEX (Formerly BitMax) in May of 2019 as Head of Business Development and was promoted to Chief Revenue Officer (CRO) in December of 2021. Molidor has worked professionally in the cryptocurrency industry since 2015 at top-tier institutions in both the United States and China.

A highly-regarded leader, Molidor brings to the role an intimate understanding of exchange infrastructure, custody solutions, evolving regulations, and marketplace dynamics spanning both Eastern and Western Demographics.

“I am confident to pass AscendEX’s reins to Shane”, Says George Cao, Former Ceo and Co-Founder, “I want to thank my team and community over the past five years for the endearing support you’ve had in me and this company, and for the confidence entrusted to my exceedingly qualified successor.

I will remain involved and continue to support AscendEX’s Board of Directors as Chairman. 

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