Crypto Broker Altcoin.io Names Ken Kavanaugh As Presidentbr>
Altcoin.io, a decentralized brokerage-as-a-service platform headquartered in San Diego, has appointed serial cryptocurrency and fintech entrepreneur Ken Kavanaugh as president. Kavanaugh will develop and lead Altcoin.io’s go-to-market strategy, helping source commercial partners in both the cryptocurrency and institutional investment industries.
After raising almost $1M through WeFunder in 2018 to build a decentralized exchange, Altcoin.io is now white labeling their technology to other projects. Kavanaugh will help put the Altcoin.io decentralized trading engine into the hands of brokers, exchanges, and fintech firms at a fraction of the cost of building their own.
Kavanaugh co-founded Moon Assist, an advanced order management crypto trading platform, as well as led corporate and business development efforts for Lykke DEX, a pioneer in the use of the security token. He generated $400M+ in revenue and closed dozens of fintech transactions over the years, amounting to $1B+ in M&A deal volume.
“We want to help business do what they do best,” said Kavanaugh. “Why waste time, effort and money building your own exchange, when you could use ours instead? By leveraging our expertise and technology, you can focus on your primary goals while we handle the rest.”
Until his appointment as president, Kavanaugh served as an adviser to Altcoin.io.