Binance hired Microsoft vice president as CTO

Rohit Wad will work on products that will ensure the mass adoption of cryptocurrencies

01.04.2022 - 16:00

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What’s new? The Binance cryptocurrency exchange has announced the hiring of Rohit Wad as chief technology officer. The company’s blog states that he will manage a team aimed at creating products that will ensure the mass adoption of cryptocurrencies and lower the barrier to entry into Web3 technology.

Information on the Binance blog

What is known about the new employee? Wad began his career at Microsoft in the early 1990s, helping to create major software products such as Excel and Bing. After that, he worked at Google and Facebook before returning to Microsoft in 2016 to take on the role of corporate vice president of product and engineering. He says he wants to ensure that Binance remains the securest, fastest, and most liquid exchange in the world.

What had happened before? In the past year, the company has been actively trying to build its reputation by hiring executives from the IRS, Interpol, and political circles, showing it takes regulatory issues seriously. In November, Binance announced the appointment of Martin Bruncko as its new executive vice president for Europe.

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