Binance.US Operator BAM Announces Former Ripple Executive as CEO
SAN FRANCISCO–July 2, 2019–BAM Trading Services (“BAM”) announces the appointment of Catherine Coley as CEO. BAM will be the operator of Binance.US, the secure and compliant digital asset marketplace launched in partnership with Binance, the global leader in blockchain and cryptocurrency technology. Coley most recently served as Head of XRP Institutional Liquidity at Ripple.
Coley is a seasoned fintech veteran with experiences at the crossroads of global capital and cryptocurrency markets. Her previous roles include institutional FX at Morgan Stanley in Hong Kong and London, international payments and global treasury management for start-ups at Silicon Valley Bank, and global liquidity management at Ripple. Since joining Ripple in 2017, she has played an integral role in the evolution of trading infrastructure and market development, dedicated to improving global access to digital assets. As the CEO of BAM, Coley will oversee the launch of Binance.US and BAM’s market expansion in North America.
“I am honored to lead BAM and bring Binance.US to North America,” said Catherine Coley, CEO of BAM Trading Services. “This is just the beginning of a long journey ahead, and I look forward to working with Binance as a partner to unlock more potential for the blockchain ecosystem here in the U.S.”
Following the recent announcement of BAM’s partnership with Binance to launch a U.S.-based digital asset marketplace, the new alliance will license Binance’s tier-one security and matching engine technology to provide a compliant and secure cryptocurrency marketplace for users in North America.
“We are excited about the quality of leadership that Coley brings to our partnership with BAM,” said Binance CEO, CZ (Changpeng Zhao). “Our community is very lucky to have someone as passionate, versatile, and hardworking as Coley to lead Binance.US. I am confident that with Coley’s leadership and Binance’s leading technology platform, Binance.US will be able to provide valuable services to the U.S. community.”
About BAM Trading Services
BAM Trading Services (“BAM”) is the operator of Binance.US, the secure and compliant digital asset marketplace for users in North America. Launched in partnership with Binance, the global leader in blockchain and cryptocurrency technology, Binance.US will be operated by BAM and be built on cutting-edge matching engine and wallet technologies licensed from Binance.
Binance is a blockchain ecosystem comprised of several arms to serve the greater mission of blockchain advancement and the freedom of money. The Binance ecosystem is comprised of Binance Exchange (the leading global cryptocurrency exchange), Binance Labs (venture capital arm and incubator), Binance DEX (decentralized exchange feature developed on top of its native community-driven blockchain, Binance Chain), Binance Launchpad (token sale platform), Binance Academy (educational portal), Binance Research (market analysis), Binance Charity Foundation (blockchain-powered donation platform and non-profit for aiding in sustainability) and Trust Wallet (the official multi-coin wallet and dApps browser of Binance). For more information, visit: https://www.binance.com