Binance.US has announced that Brian Shroder — former executive at Ant Group and Uber China — from now on will oversee the exchange's strategy and execution as president. The exchange said in an announcement that Shroder will also lead fundraising and corporate development.
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Prior to Binance.US, Shroder oversaw Ant Group's South East Asia operations and served as Head of Strategy and Business Development for Uber China and Uber Technologies entities.
"I look forward to sharing our exciting story with the broader investment community as we begin our journey towards IPO," Shroder said.
Binance.US's appointment comes after the exchange's former CEO Brian Brooks, abruptly left the exchange, citing "differences over strategic direction." Brooks became the CEO of the US-based cryptocurrency exchange in May this year. Shortly after Brooks announced his resignation, Binance CEO, Changpeng Zhao wrote on Twitter that the transition "will not impact Binance.US customers in any way."
Brooks left the exchange as Binance.com came under scrutiny from several watchdogs over unauthorized activity of affiliated companies. As of press time, watchdogs of Hong Kong, Poland, Malta, Italy, Cayman Islands and Singapore have issued warnings against the exchange and affiliated companies.
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