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Crypto giant announces new CEO

Crypto giant announces new CEO

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By Michael Karpathios ·
September 02 2021

Crypto giant announces new CEO

Binance Australia on Monday announced the appointment of a new chief executive to the business. Binance is Australia’s largest crypto exchange by volume.

The exchange has selected Leigh Travers of DigitalX as the right candidate to assist them in making further progress in facilitating the adoption of cryptocurrency in Australia.

Prior to his appointment to Binance, Mr Travers spent seven years as CEO at DigitalX, the world’s first publicly listed blockchain technology company. DigitalX has reported its first profit in the most recent financial year.

Mr Travers has also worked for Blockchain Australia, the industry body for technology in Australia.

Speaking about his appointment, Mr Travers expressed that he was ambitious to build on the growth Binance has seen so far as Australians adopt cryptocurrencies in rising numbers.

“Since Binance Australia launched last year, it has been one of the fastest growing FinTech companies in Australia, and for good reason,” Mr Travers said on occasion of his appointment.

“I have set some high expectations and am looking forward to the opportunity”.


He also stated that he would be working closely with Australia’s regulatory bodies in a juvenile crypto market.

“As the market leader in the digital asset space, we have a responsibility to be involved in helping to shape the growth of our industry and this means prioritising engagement and conversations with policy makers and regulators,” Mr Travers said.

Sam Teoh, COO at Binance, reinforced the message that he felt Mr Travers was the right candidate to be a leader of Binance and the crypto space at large, in an evolving market.

“We’ve observed the work Leigh has done at DigitalX for a while now and we’re excited to work with him not just on Binance Australia’s continued growth, but widespread adoption of blockchain businesses and cryptocurrency in Australia at large,” said Mr Teoh.

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About the author

Michael Karpathios

Neil is the Deputy Editor of the wealth titles, including ifa and InvestorDaily. Neil is also the host of the ifa show podcast.

Neil is the Deputy Editor of the wealth titles, including ifa and InvestorDaily. Neil is also the host of the ifa show podcast.

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