Hunter Merghart has joined Luxembourg-based crypto exchange Bitstamp as its new head of U.S. operations, the company shared with The Block.
Merghart recently left Coinbase as head of trading but has an extensive background in traditional financial institutions, having served as director of trading at Barclays and vice president at RBC Capital Markets.
Merghart will be responsible for opening Bitstamp’s New York office. The exchange received a BitLicense last month, allowing it to operate there.
“We are excited to have Hunter join our team at a time of strategic growth at Bitstamp,” said Nejc Kodrič, CEO of Bitstamp. “He’s the perfect person to lead our U.S. operations, which includes making sure our retail and institutional investors have a platform and service that is equal to what they would find at any traditional exchange anywhere in the world.”