BitMEX Welcomes Marcus Hughes as Chief Risk Officer

We are pleased to welcome Marcus Hughes to the BitMEX team as our new Chief Risk Officer (CRO). As CRO, Marcus will serve on the executive board, with responsibility for BitMEX’s Regulatory Affairs, Risk, Legal, and Compliance functions, reporting directly to our CEO, Alexander Höptner.

Marcus will guide our legal strategy, lead engagement with regulators and policymakers around the world, and build out our risk framework and compliance programme as we expand into new markets and bring BitMEX’s product suite to a growing international customer base. He will spend time across our global offices in Europe, Asia, and North America.

Prior to joining BitMEX, Marcus was Managing Director of Coinbase’s European business, where he worked closely with product teams to build and scale the business as well as establish and develop relationships with regulators across the world. Prior to joining Coinbase, Marcus spent almost a decade at Morgan Stanley.

Marcus said: “I’m very bullish about the growth potential of BitMEX, which over the past year has added top-tier talent, deepened its product portfolio, and established the foundation for its ‘beyond derivatives’ strategy. The next stage in our evolution will be characterised by an expansion of the platform’s capabilities, paired with an equally ambitious push into markets worldwide. World-class risk management, compliance, and regulatory affairs programmes will be key enablers of this next phase of growth for BitMEX.”

Our CEO, Alexander Höptner, said: “Marcus’ appointment marks a major step forward for BitMEX’s global expansion and his experience will be invaluable as we scale the business, implement our ‘beyond derivatives’ strategy, and navigate the evolving global regulatory environment. We’re very happy to welcome Marcus to the BitMEX family.”

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