• Timothy Stranex, co-founder and CTO of cryptocurrency exchange Luno, departed in December to pursue personal projects.
• Luno is headquartered in London and has offices in Singapore, Cape Town, Johannesburg, Lagos and Sydney.
• Simon Ince, former Vice President of Engineering, has taken over Stranex’s role as CTO.
Timothy Stranex, the co-founder and Chief Technology Officer (CTO) of cryptocurrency exchange Luno, recently departed the firm in December to pursue personal projects. Luno, whose parent company is Digital Currency Group (also the parent company of CoinDesk), has over 10 million customers worldwide. It is headquartered in London, with offices in Singapore, Cape Town, Johannesburg, Lagos and Sydney.
Stranex founded Luno with Carel van Wyk, Pieter Heyns and current CEO Marcus Swanepoel nearly 10 years ago. His departure from the firm has resulted in Simon Ince, former Vice President of Engineering, taking over his role as CTO.
The cryptocurrency industry has grown exponentially since the firm’s inception in 2013. The exchange, which was founded in South Africa and has expanded across the globe, has played a significant role in providing financial services to those who may not have access to traditional banking solutions.
As the cryptocurrency industry continues to evolve, the need for exchanges to provide a secure and user-friendly experience is paramount. In this regard, Luno has made significant strides in providing a comprehensive platform that is both secure and easy to use. Aside from their own wallet, the exchange also offers a variety of features such as analytics tools, order types, and support for multiple cryptocurrencies.
Given the current landscape of the cryptocurrency industry, Luno’s commitment to providing a secure and user-friendly experience is likely to continue. With Stranex’s departure and Ince’s appointment as CTO, the exchange is in a strong position to continue its success into the future.