Canadian Crypto Exchange Coinsquare Adds Nicholas Thadaney, Wendy Rudd To Its Board Of Directorsbr>
Coinsquare, Canada’s largest crypto trading platform, has announced the addition of Nicholas Thadaney and Wendy Rudd to its board of directors. The appointments follow the confirmation of Stacey Hoisak as Coinsquare’s new Chief Executive Officer, and the appointments of Lawrence Truong as Chief Compliance Officer, and Eric Richmond as Chief Operating Officer.
Coinsquare provides digital asset traders with a proprietary trading platform engineered to deliver a robust, secure, and user-friendly interface for trading bitcoin, Ethereum and other digital assets. Coinsquare has submitted a dealer membership application to the Investment Industry Regulatory Organization of Canada (IIROC) and an application to the Ontario Securities Commission (OSC) to operate Canada’s first regulated marketplace for digital assets. The proposed marketplace will provide automated trading systems bringing together institutional and retail orders from buyers and sellers of digital assets deemed securities under the Ontario Securities Act.
The new appointments bring tremendous experience in Canadian securities regulation, investment dealer operations and regulated marketplaces to Coinsquare.
Thadaney is a finance, technology, and capital markets senior executive with more than 25 years of experience and is currently CEO of Partners Capital Corp. He was recently President of the Toronto Stock Exchange and CEO of Global Equity Capital Markets, TMX Group, and previously as CEO of ITG Canada Corp. Nick is a very experienced board member having served on over 20 boards including IIROC, CanDeal, CDS Inc., Bermuda Stock Exchange, NEO Exchange, Toronto Finance International, etc.
Rudd spent over seven years as a Senior Vice President at IIROC, where she was instrumental in modernizing the regulation of Canadian equity and debt markets, as well as the conduct and prudential regulation of investment dealers. Previously she was CEO of TriAct Canada Marketplace. Wendy is currently a member of the Board of the Canadian Regulatory Technology Association and Chair of the TMX IP Governance Committee.
“The outstanding leaders who have joined our executive team and Board will play an important role in informing and executing our mandate to deliver full transparency and compliance in all aspects of our operations,” said Hoisak. “The measures we have taken are in strict adherence to regulatory requirements and demonstrate Coinsquare’s strengthened commitment to our clients, employees, shareholders, and the digital asset community. Our goal is to create a customer-centric safe place for Canadians to trade digital assets.”