Ankex Gets A New CEO: Michael Moro

04/04/2023 13:34 • Crypto & Markets • 63 views

According to reports, Michael Moro, former CEO of Genesis Global Capital, a lending and trading company, has joined the new derivatives trading platform Ankex as CEO. Ankex is incubated by the DeFi infrastructure platform Qredo and will launch its unmanaged trading platform Alpha version in May 2023. Michael Moro joined Genesis in 2015. Prior to this, he worked at Second Market for six years as Vice President and Director, and also worked at Citibank for six years.

Ankex Hires Former CEO of Genesis Global Capital as New CEO

In the world of finance and trading, revolutionary changes are happening all the time. People, ideas, and companies are coming together to redefine the industry and pave the way for new concepts and innovations. The latest entrant in this space is Ankex, a new derivatives trading platform that is set to launch its Alpha version in May 2023. And it has now named Michael Moro, the former CEO of Genesis Global Capital, as its new CEO.

Genesis Global Capital and Michael Moro

Before we dive into Ankex and its future plans, it’s essential to understand Michael Moro’s background and his tenure at Genesis Global Capital. Michael joined Genesis in 2015 and played a significant role in developing the organization’s lending and trading capabilities. He brought in his experience of working for six years as Vice President and Director at Second Market and another six years at Citibank.
During his tenure at Genesis, Michael led several high-profile initiatives, including launching GBTC, the first publicly traded Bitcoin investment fund, and raising over $1 billion in loans for crypto businesses. Michael’s expertise and leadership have helped Genesis become one of the top players in the digital asset trading and lending space.

Ankex and its Unmanaged Trading Platform

Now, let’s talk about Ankex, the new derivatives trading platform that has appointed Michael Moro as its new CEO. Ankex is built on the DeFi infrastructure platform Qredo and aims to offer an unmanaged trading platform to its customers. Unlike managed trading platforms that make decisions on behalf of their clients, unmanaged platforms give customers complete control over their trades, enabling them to manage their portfolios themselves.
Ankex will launch its Alpha version in May 2023, and Michael Moro’s appointment as CEO is seen as a significant step towards realizing the platform’s ambitious goals. Michael’s deep understanding of the digital asset space and his experience in building and scaling trading and lending businesses make him an excellent fit for Ankex.

The Future of Ankex

Ankex’s unmanaged trading platform is an exciting concept that has the potential to disrupt the digital asset trading and lending space. The platform’s focus on empowering customers to manage their portfolios themselves is aligned with the growing demand for more control and transparency in the financial sector.
That said, there are significant challenges that Ankex will have to overcome to achieve its goals. One of the main challenges will be building trust with customers who may be hesitant to take on the responsibility of managing their portfolios. Ankex will have to offer robust tools and resources to support its customers and give them the confidence to take control of their trades.

Conclusion

Ankex’s appointment of Michael Moro as its new CEO is a significant development that highlights the platform’s ambition to disrupt the digital asset trading and lending space. Ankex’s unmanaged trading platform is an exciting concept that has the potential to change the way people trade and manage their portfolios. However, Ankex will have to overcome significant challenges to achieve its goals, and it will be exciting to see how the platform evolves over the coming months and years.

Unique FAQs

What is an unmanaged trading platform?

An unmanaged trading platform is a platform that gives customers complete control over their trades, enabling them to manage their portfolios themselves. Unlike managed trading platforms, unmanaged platforms do not make decisions on behalf of their clients.

How will Ankex compete with other digital asset trading platforms?

Ankex’s focus on offering an unmanaged trading platform that empowers customers to manage their portfolios themselves is aligned with the growing demand for more control and transparency in the financial sector. The platform will have to offer robust tools and resources to support its customers and give them the confidence to take control of their trades.

What are the key challenges Ankex will face?

One of the main challenges Ankex will face is building trust with customers who may be hesitant to take on the responsibility of managing their portfolios. Ankex will have to offer robust tools and resources to support its customers and give them the confidence to take control of their trades.

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