Ex-CurveGlobal executive joins crypto exchange Archax as head of regulation

Former chief operating officer at CurveGlobal joins crypto exchange which is due to launch in mid-2019.

Institutional cryptocurrency exchange Archax has appointed Steve Hamilton from CurveGlobal as its head of regulation as the business gears up to launch its trading venue next year.

Formerly COO at CurveGlobal, the London Stock Exchange’s interest rate derivatives market, Hamilton will be responsible for Archax’s regulatory compliance efforts. He previously held roles at DRW Trading Group and with the Financial Services Authority prior to its renaming.

“I was keen to get into the digital securities space as the interest from institutions increased. Archax, with its highly experienced team from the financial markets and clear institutional strategy and vision, were by far the most credible business that I could find,” said Hamilton on his new role.

“My extensive experience from working in the fields of compliance and regulation at a number of exchanges, trading firms and regulators means I fully understand what institutions need and expect. I am looking forward to ensuring that the Archax offerings meet their most stringent requirements.”

Archax plans to launch its trading venue in mid-2019 and in September announced it had partnered with the technology division of Aquis Exchange for the latter’s exchange suite including matching engine and surveillance tools.

As well as the launch of the exchange, Archax will also offer a Security Token Offering (STO) be tokenising its own equity.