Bitso, the largest and fastest-growing cryptocurrency platform in Latin America with over 2.6 million users, announced the addition of an ex-Silicon Valley executive hire to its ranks. Vaughan Smith has been appointed as Bitso’s first-ever Chief Operating Officer. This milestone follows Bitso’s exponential growth and rapid expansion in Latin America.
“It is a resounding pleasure to have Vaughan join our growing Bitso team,” said Bitso’s CEO and Co-Founder, Daniel Vogel. “having spent over a decade in the corporate development sectors, Vaughan brings invaluable expertise that will help drive growth and strengthen our vision of the future of finance.”
Smith joins the team with more than a decade of experience as Vice President of Corporate Development at eBay, Move, and, most recently, Facebook. Within his new role as COO, Smith will focus his immediate efforts on corporate development and assessing and executing on growth opportunities in Brazil. Vaughan will also play a large role in mapping out Bitso’s evolution within the continuously growing crypto space.
“I’m extremely honored and proud to join such an incredible team of innovative individuals,” said Vaughan Smith, Chief Operating Officer at Bitso. “As the safest, most transparent, and most intuitive platform, I’m excited to help Bitso in its mission of making cryptocurrencies useful. Bitso’s mission is what drew me to this company. There is so much crypto can offer in Latin America: from making financial freedom accessible to millions of unbanked individuals to providing options not offered by the traditional financial system, Bitso continues to lead the way in building next-generation borderless financial products and services for consumers and businesses alike.”
Smith’s addition to the Bitso team complements an additional recent strategic hire, Daniel Mangabeira, Bitso’s Global Head of Public Policy. Mangabeira, who joins Bitso from Uber where he was Head of Public Policy, will play a key role in building the public policy team at Bitso and continuing to convey the significance of Bitso’s regulatory licenses including a Distributed Ledger Technology (DLT) license from the Gibraltar Financial Services Commission (GFSC). Bitso will leverage the joint expertise of Smith and Mangabeira as it continues its growth and expansion in Latin America.
Within the last few months, Bitso has expanded its team significantly. Since the start of 2021, the team has grown by more than 200%, from 205 employers to over 440, with plans to continue scaling up aggressively. As the fastest-growing exchange in the region, Bitso has uniquely positioned itself to provide “global-minded” product offerings that fit the needs of local customers in Mexico, Argentina and Brazil.
About Bitso
Bitso is the leading Latin American crypto first platform with a community of over 2.5 million users. The company offers three main products: the Bitso App for new or experienced cryptocurrency users to buy, sell, send, or receive crypto in a simple and intuitive way; Bitso Alpha, a professional-grade crypto trading platform; and Bitso Business, a suite of cross-border products that enables businesses to thrive in a global digital economy. Bitso is one of the few crypto exchanges, and the only one in Latin America, to obtain a Distributed Ledger Technology (DLT) license from the Gibraltar Financial Services Commission (GFSC), a sovereign agency that has developed one of the most advanced frameworks for regulating cryptocurrency trading. Bitso is also the first and only exchange in Latin America to insure its users’ funds.
Founded in 2014, with over 400 employees across 27 different countries, Bitso is working to make crypto useful by liberating the world from traditional financial players and redefining money.
To learn more about Bitso, visit bitso.com