Roger Ver moves on from CEO to executive chairman of

Roger Ver has quietly moved on from his role as the CEO of to executive chairman of the company, as it is “increasing output and pace of progress,” Ver told The Block. 

The famed cryptocurrency investor did not specify the output and progress his company is pursuing. However, Ver announced last year that, a wallet provider, was planning to buy or develop its own exchange. On’s website, it is stated that the exchange will launch in 30 days. 

Ver is famous for being an early adopter of bitcoin and made the headline when he publicly voiced his loyalty to bitcoin cash. This spin-off of bitcoin will also be the base currency of the upcoming exchange.’s new CEO is Stefan Rust, who was promoted to this role from the global head of business development, according to his LinkedIn page.