BLOCKCHAIN

Binance.US Announces Former Ripple Executive as CEO

BAM Trading Services (BAM), operator of Binance.US, has announced the appointment of Ripple’s Head of XRP Institutional Liquidity Catherine Coley as CEO.

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“I am honored to lead BAM and bring Binance.US to North America,” said Catherine Coley, CEO of BAM Trading Services.

“This is just the beginning of a long journey ahead, and I look forward to working with Binance as a partner to unlock more potential for the blockchain ecosystem here in the U.S.”

BAM will be the operator of Binance.US, the secure and compliant digital asset marketplace launched in partnership with Binance, the global leader in blockchain and cryptocurrency technology.

Coley is a seasoned fintech veteran with experiences at the crossroads of global capital and cryptocurrency markets.

Her previous roles include institutional FX at Morgan Stanley in Hong Kong and London, international payments and global treasury management for start-ups at Silicon Valley Bank, and global liquidity management at Ripple.

Since joining Ripple in 2017, she has played an integral role in the evolution of trading infrastructure and market development, dedicated to improving global access to digital assets. As the CEO of BAM, Coley will oversee the launch of Binance.US and BAM’s market expansion in North America.

Following the recent announcement of BAM’s partnership with Binance to launch a U.S.-based digital asset marketplace, the new alliance will license Binance’s tier-one security and matching engine technology to provide a compliant and secure cryptocurrency marketplace for users in North America.

Changpeng Zhao, CEO of Binance

“We are excited about the quality of leadership that Coley brings to our partnership with BAM,” said Binance CEO, CZ (Changpeng Zhao).

“Our community is very lucky to have someone as passionate, versatile, and hardworking as Coley to lead Binance.US. I am confident that with Coley’s leadership and Binance’s leading technology platform, Binance.US will be able to provide valuable services to the U.S. community.”

BAM Trading Services (“BAM”) is the operator of Binance.US, the secure and compliant digital asset marketplace for users in North America.

Launched in partnership with Binance, the global leader in blockchain and cryptocurrency technology, Binance.US will be operated by BAM and be built on cutting-edge matching engine and wallet technologies licensed from Binance.

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