• Timothy Stranex, the co-founder and chief technology officer (CTO) of cryptocurrency exchange Luno, departed from the company in December.
• He was replaced as CTO by Simon Ince, who joined Luno two years ago as its vice president of engineering.
• Luno, whose parent company is Digital Currency Group, has over 10 million customers worldwide with offices in London, Singapore, Cape Town, Johannesburg, Lagos, and Sydney.
Cryptocurrency exchange Luno announced on Thursday that Timothy Stranex, their co-founder and chief technology officer (CTO) had departed from the company in December. Stranex had been with the company since its founding with Carel van Wyk, Pieter Heyns and current CEO Marcus Swanepoel nearly 10 years ago. He has since been replaced as CTO by Simon Ince, who joined Luno just under two years ago as its vice president of engineering.
Luno, whose parent company is Digital Currency Group (which is also the parent company of CoinDesk), is a global cryptocurrency exchange with over 10 million customers worldwide and offices in London, Singapore, Cape Town, Johannesburg, Lagos, and Sydney. They have a wide range of services, from buying and selling digital currencies to their Luno Exchange, which allows users to trade and manage their crypto portfolios. The company has also recently launched its Luno Wallet, which allows customers to store, send and receive digital currencies.
The news of Timothy Stranex’s departure comes at a time when digital currencies are becoming increasingly adopted by the mainstream. With an ever-growing customer base, Luno is well-positioned to take advantage of this trend. With its wide range of services and a strong team of experienced professionals, Luno is set to continue its growth and remain at the forefront of the digital currency industry.
In a statement, Luno said that Stranex left the company to “pursue personal projects”. With the appointment of Simon Ince as the new CTO, the company looks forward to further developing its services and continuing its growth. Ince has a wealth of experience in software engineering, having worked with a number of leading tech companies, including Google and Microsoft.
While the news of Stranex’s departure is certainly sad, it appears that the company is in good hands with its new CTO. With strong leadership and an experienced team, Luno is set to continue its growth and remain a leader in the digital currency industry.