Crypto Exchange Multibank.io Appoints Ryan Kim as CEO

MultiBank.io, the cryptocurrency exchange arm of MultiBank Group, has announced the appointment of Ryan Kim as its new CEO. Kim, a former Wall Street FX options trader with experience at Goldman Sachs and JP Morgan, will oversee the global expansion of the exchange, focusing on scaling its derivatives-driven operations.

Kim brings significant experience from his previous role at Falcon X, where he led the development of the firm’s derivatives trading division, contributing to its substantial trading volumes. His expertise in FX options and derivatives is expected to help drive MultiBank.io’s growth in the competitive cryptocurrency market.

Naser Taher, Founder and Chairman of MultiBank Group, said,

"We are pleased to welcome Ryan Kim to lead MultiBank.io during this pivotal time in the evolution of the crypto industry. His experience and strategic vision align with our goal to provide secure, regulated exchanges and innovative trading ecosystems."

Kim emphasized the importance of regulatory compliance in his new role, stating,

“Having a very strong connection to regulators in multiple jurisdictions around the world is a huge advantage for MultiBank Group. It undoubtedly shows a reputable and trusted brand, which is so important in the crypto industry where we've repeatedly seen a breach of trust. I am thrilled to lead MultiBank.io and provide access to trusted trading solutions as we follow the Group’s stringent regulatory practices.”

The appointment comes shortly after MultiBank Group secured a Virtual Assets Regulatory Authority (VARA) license for its subsidiary, MEX Digital FZE, operating under the MultiBank.io brand.

Under Kim’s leadership as CEO, MultiBank.io aims to continue its growth as a regulated and trusted platform, leveraging MultiBank Group's extensive global presence and regulatory expertise.