The Board of Directors of cryptocurrency trading platform Coinsquare has hired Martin Piszel as the Chief Executive Officer, with Stacey Hoisak assuming the role of President and Chief Legal Officer.
Martin Piszel, who will also join the Coinsquare Board of Directors, is a trading industry veteran with more than 25 years of experience in the capital markets and electronic trading sectors, most recently as Head of Corporate Development at Tradelogiq Markets Inc.
Jason Theofilos, Chair of the Board at Coinsquare, commented: “Coinsquare is entering a new phase in its development and growth as we move ever closer to regulation and to strengthening our position as Canada’s leading digital asset trading platform.
“Martin’s extensive experience in regulated capital markets and the electronic trading space will bolster Coinsquare’s already extremely strong leadership team, and drive further innovation and growth in this next phase of the company’s journey.”
Martin Piszel joins Coinsquare from TradeLogiq. Prior to that, he served as Head and Managing Director, Alternative Execution and Prime Brokerage at CIBC World Markets, and as a member of the Bank’s Equities Management Committee.
Piszel also co-founded Alpha ATS and exited by selling to the Toronto Stock Exchange (TMX). Then, he went to be Vice President, Sales and Marketing at E*Trade Canada.
Stacey Hoisak, President and Chief Legal Officer at Coinsquare, said: “It’s been my honour to lead Coinsquare through an exciting transitional phase that saw rapid growth and expansion in the Canadian market, strengthened regulatory alliances, and technological advancements in our trading platform and mobile apps.
“With significant progress made in realizing the company’s vision to bring the digital currency revolution to all Canadians, it is the right time for this transition to the next leader of Coinsquare. I look forward to working closely with Martin and the rest of the leadership team on driving the implementation of Coinsquare’s longer-term strategies.”
Martin Piszel, Chief Executive Officer at Coinsquare, noted: “I am excited to join Coinsquare and its talented team. My extensive capital markets experience will help accelerate Coinsquare’s ongoing goal towards being a fully regulated entity, and strengthen its market position as Canada’s most trusted digital asset exchange. Canadian digital currency adoption still has a long way to go and Coinsquare is well positioned to lead and educate Canadians on this emerging asset class.”
Jason Theofilos, Chair of the Board at Coinsquare, added: “On behalf of the board I would like to thank Stacey for her leadership and significant contributions to Coinsquare, not least as CEO where she successfully steered the company through a significant period of growth and further down the path of full regulatory compliance.
“Under her leadership, Coinsquare was able to leverage strong market conditions and strengthened partnerships, secure external capital investments and embark on a new phase of company expansion. As President and Chief Legal Officer, Stacey will continue to play a key role in the future of the Company, and we look forward to continuing to work alongside her.”
Coinsquare is a Canada-based trading platform specialized in crypto assets.