AscendEX is one of the biggest global cryptocurrency finance platforms. Since their launch in 2018, they have been making big moves in the crypto industry in an attempt to continue their unprecedented growth as a digital asset financial platform. Now, the platform has spotted another growth opportunity and appointed Shane Molidor as their CEO.
Shane Molidor was appointed in succession to the previous CEO George Cao who has moved on to become a chairman of AscendEX. Molidor was a surprising appointment for many, but his experience in the online currency sphere makes him a perfect fit for one of the fastest-growing companies in the industry. But who is Shane Molidor? What does his appointment mean for AscendEX? And what is the future of the crypto industry looking like following his appointment? All these questions will be answered below.
Shane Molidor has been working as one of the most highly respected and regarded managers at various companies in the cryptocurrency industry for many years. His knowledge of company infrastructure, exchange platforms, and strategic planning and leadership made him the obvious choice for the position of CEO of AscendEX after George Cao made the move up to chairman.
Shane completed his studies at Princeton University and has worked at many different crypto-based companies including Gemini, FBG One, and FBG Capital. He completely understands how exchange platforms within the online industry function, and what it takes for them to become trader favourites. AscendEX hopes that by appointing him as CEO he can continue facilitating the growth that the company has experienced since it came onto the scene.
Molidor hasn’t been working at AscendEX for a long period of time, yet his influence is already being felt on the macro and micro levels of the company. Since he has taken up the role, he has already worked to raise around $50 million in Series B donations for AscendEX, as well as increased ground staff from 15 engineers to around 60. These changes are not only good for AscendEX but they show the potential that any company has to expand and grow if the correct market moves are made.
Experts are predicting that Shane will continue to have a huge impact on AscendEX, and potentially help the company to grow into the number one cryptocurrency-based financial platform on the market. The growth of a new titan can spur the entire industry onto bigger and better things, even though the crypto sphere has already been on an upward trajectory over the past decade or so.
Shane brings much-needed experience and expert knowledge to AscendEX and his presence has already been felt in a very short period of time. The predictions for growth for the company are exciting across the entire industry. Now, only time will tell what competing companies do to keep up with AscendEX.