Crypto Exchange Coinmama Appoints Sagi Bakshi As CEO

Job Appointments | April 22, 2020 By:

Cryptocurrency exchange Coinmama has appointed Sagi Bakshi as the company’s new Chief Executive Officer (CEO).

Founded in 2013, Coinmama provides financial services that makes it fast, safe and fun to buy digital currency, anywhere in the world. The firm believes that the future of money is open source, borderless, and decentralized; that it’s by the people and for the people, and that economic freedom should be available to all. It provides a simple and friendly way to buy bitcoin and other cryptocurrencies online with a debit card, credit card, or bank transfer, as well as to sell bitcoin.

Bakshi is a passionate executive and a hardcore believer in bitcoin with 20 years of hi-tech experience. He joins Coinmama from tech unicorn IronSource, which recently raised funds with a $1.6 billion valuation, where he was a member of the founding team and, from 2011-2018, served as General Manager of the company’s biggest division.

Bakshi said that he is keen to carry his experience to Coinmama and help lead the financial revolution. He will assist Coinmama on growing its mission of making cryptocurrency accessible worldwide, with the aim of becoming the go-to on-ramp for the 500 million potential bitcoin users the next decade will bring.

“What’s most exciting to me about bitcoin is that it’s disruptive,” Bakshi said. “It’s a new financial system, unlike any system we’ve seen before. But in order for bitcoin to succeed in the long term, it needs to be adopted on a much wider scale. Our goal now at Coinmama is twofold: to continue to make crypto as easy as possible by automating as much of the process as we can and providing the best quality of crypto service available. And in tandem, to use our platform to educate new and potential users about the benefits of cryptocurrency in order to drive mass adoption.”