Parent of Troubled BitMEX Names a Former Stock Exchange Chief Its New CEO
Hoptner comes from Borse Stuttgart GmbH and Euwax AG, where he has been CEO since 2018.
100x Group, the holding group for HDR Global Trading Limited, owner and operator of the embattled BitMEX cryptocurrency derivatives platform, named Alexander Hoptner as its CEO.
- Announced Tuesday, Hoptner will become head of the Seychelles-registered holding group, effective January 2021.
- Hoptner is the former CEO of the German stock exchange Borse Stuttgart GmbH and more recently liquidity provider Euwax AG, which he has led since 2018.
- The reshuffle comes at a time when 100x's original founders have been embroiled in a civil lawsuit over allegations of facilitating unregistered trading and other violations.
See also: BitMEX Accelerates Mandatory ID Verification After Charges of Lax Anti-Money Laundering Controls
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Diversified RWA stablecoins sustain 5-7% yield from real credit as crypto funding compresses to ~4%. GENIUS pushes yield off-chain; TAM grows to $4B in 3 years.
Diversified RWA stablecoins sustain 5-7% yield from real credit as crypto funding compresses to ~4%. GENIUS pushes yield off-chain; TAM grows to $4B in 3 years.
Why it matters:
Diversified RWA stablecoins sustain 5-7% yield from real credit as crypto funding compresses to ~4%. GENIUS pushes yield off-chain; TAM grows to $4B in 3 years.
