Leverate and Crypto-Platform Bakkt Makes Senior Level Management Appointments

Leverate Appoints ex-AAATrade CEO, Alkis Hilton as CEO for its Cyprus Operations


Leverate, software as a service provider for FX brokers has appointed Alkis Hilton as new CEO and Executive Director for its Cyprus branch. Through this appointment, Leverate will try to usher in a new growth strategy for the company.

Alkis Hilton has lengthy experience in the FX online trade space, and his appointment comes two weeks after the resignation of Leverate’s former CEO, Yasha Polyakov. 

Prior to joining Leverate, he was the CEO of Cyprus based and regulated liquidity provider, AAATrade. Also, he was the CEO and Executive Director of its European operations of binary options broker-turned-tech provider IQ Option for nearly four years. He has also held various senior-level positions at HotForex, FX Global Markets (FXGM) and FxPro Group.

Crypto Platform Bakkt Appoints Ex-PayPal Executive Mike Blandina as CTO


InterContinental Exchange backed cryptocurrency platform, BAKKT has announced the appointment of ex-PayPal executive Mike Blandina, who will join the firm as Chief Product Officer.

BAKKT CEO Kelly Loeffler made the announcement on her official Medium blog. Blandina’s will be responsible for driving growth and expansion of BAKKT’s ecosystem to help bring in real-world applications to Bitcoins and other cryptocurrencies.

 Blandina has over 25 years of experience in the payments products and partnership-driven business and was head of payments and credit engineering at PayPal and director of engineering for Google Wallet. He has also served as a chief technology officer at OneMarket and as in charge of Blackhawk Network’s digital payment solutions. 

While announcing the appointment, Bakkt CEO on her blog tried to tone down the concerns regarding the delay in the launch of services, saying:

“As we work through regulatory approvals, we are mindful that the infrastructure we are building has the potential to create more opportunities for digital assets to grow in relevance and trust.”

The initial exchange launch was scheduled for November 2018, but owing to the bear market and some regulatory concern, the launch has been pushed back for the latter part of 2019.