• Timothy Stranex, the co-founder and chief technology officer of cryptocurrency exchange Luno, departed in December to pursue personal projects.
• He has been replaced as CTO by Simon Ince, who joined Luno two years ago as its vice president of engineering.
• Luno, which is owned by Digital Currency Group, has over 10 million customers worldwide and offices in London, Singapore, Cape Town, Johannesburg, Lagos and Sydney.
Cryptocurrency exchange Luno, owned by Digital Currency Group, announced the departure of its co-founder and chief technology officer (CTO), Timothy Stranex, in December. Stranex, who had been with the company for nearly 10 years, left to pursue personal projects. He was replaced as CTO by Simon Ince, who joined Luno just under two years ago as its vice president of engineering.
Since its founding in 2013, Luno has grown to become a leading digital currency exchange, with over 10 million customers worldwide. The company has offices in London, Singapore, Cape Town, Johannesburg, Lagos and Sydney, and it offers customers a range of services, including buying and selling of cryptocurrencies, secure storage, and a variety of tools and services to help them manage their digital assets.
With Stranex’s departure, the Luno leadership team is now headed by CEO Marcus Swanepoel, who co-founded the company with Stranex and two other partners, Carel van Wyk and Pieter Heyns. Ince, the new CTO, has a strong background in engineering and has held various leadership roles at tech companies such as Google, Microsoft and Apple.
The cryptocurrency exchange space is growing rapidly, and Luno is well-positioned to capitalize on the trend. The company has been expanding its services and offerings, and the addition of Ince as CTO should help them continue to develop the cutting-edge technology necessary to stay competitive.
At the same time, Luno is also focused on building a culture of trust and transparency. Stranex was instrumental in developing the company’s core values and ensuring that customers had access to the best possible products and services. With Ince now at the helm, Luno is committed to continuing to uphold these values and remain a leader in the cryptocurrency exchange space.