Bitcoin ATM Operator Coinsource Hires Drew Rasmussen As New CTO

Job Appointments | August 23, 2019 By:

Bitcoin ATM network Coinsource has appointed Drew Rasmussen as the company’s new Chief Technology Officer (CTO).

Coinsource is the world’s largest bitcoin ATM operator with over 250 machines nationwide. They are operational in North Carolina, Virginia, Delaware, Florida, California, Oklahoma, Nevada, Texas, Louisiana, Missouri, New Jersey, New York, Pennsylvania, Tennessee, Arizona, Georgia, Rhode Island, New Hampshire, Massachusetts, Colorado, Maryland, Washington, Maine, Oregon, Montana, Alabama, South Carolina, Mississippi, Arkansas, and the District of Columbia.

Rasmussen has a wealth of experience in the cryptocurrency and blockchain industries. As a blockchain developer at Peernova, Rasmussen played a crucial role in the development of several important technology stacks, including Nasdaq’s LINQ cryptographic workflow, TZero’s first blockchain implementation for security tokens, State Street’s program for capital lineage and more.

Rasmussen previously served as CTO for OTCXN, a global trading platform for digital and traditional assets, where he led the blockchain architecture team and pioneered new approaches to low-latency scalability for distributed ledgers. He holds patents for peer-to-peer network protocols, network access control, and decentralized mobile authentication.

As Coinsource’s new CTO, Rasmussen will work to expand the company’s core product offering, ensure compliance with anticipated regulations, and engineer new blockchain-powered technologies.

“Few people have a blockchain background stronger than Drew, and ever fewer have more know-how,” said Coinsource Founder and CEO Sheffield Clark. “His near decade of experience in crypto, first as a prominent trader and subsequently as one of the most sought after developers in the space, makes him an invaluable addition to our team. I’ve followed his career for years and am thrilled to welcome him to the Coinsource team as we enter our next phase of growth and expansion.”

“I’m honored to join this team,” said Rasmussen. “Sheffield and his team have played a pivotal role in bringing cryptocurrency to main streets and storefronts. As we enter the age of mass adoption, I cannot imagine a better place to be than Coinsource.”