Gemini is one of the biggest cryptocurrency exchanges in the world. Operated Winklevoss twins, it is attracted a lot of attention. The firm has now added a new executive in the form of Robert Cornish. He is the former NYSE chief information officer. This results in another major financial player jumping ship to cryptocurrency.
The Gemini cryptocurrency exchange is evolving on a constant basis. As such, the cryptocurrency industry continues to grow at an accelerated pace. Demand for Bitcoin and altcoins is still growing at this stage. As such, Gemini needs to keep expanding upon its existing presence in every way possible. Hiring additional staffers with financial expertise will certainly achieve that goal.
Gemini Continues to Grow and Expand
Their new CIO goes by the name of Robert Cornish. This individual is well-respected within the financial industry. More specifically, he is the former NYSE chief information officer. It is another sign of how much more appealing the cryptocurrency has gotten in recent years. There are no guarantees in this industry. Even so, it causes financial experts to jump ship to this new industry altogether.
Cornish will start his new job later this month. His main objective is to help Gemini set the standards of excellence for the cryptocurrency industry as a whole. That is a tall order, given how the industry remains largely unregulated. That is not a positive sign for future growth at this stage. Even so, there are plenty of opportunities abound as well.
Whether or not this will improve the popularity of Gemini, remains unclear. Beefing up the financial expertise of the platform will usually attract new investors and traders. An increase in trading volume can drive up the price of Bitcoin and other currencies accordingly. Only time will tell if this new hire will help improve the current cryptocurrency market conditions.