Crypto Exchange Gemini Hires Former NYSE Tech Chief

Cryptocurrency exchange Gemini has hired former New York Stock Exchange (NYSE) chief information officer Robert Cornish to serve as its first chief technology officer.

The exchange, founded by investor-brothers Cameron and Tyler Winklevoss, announced Friday that Cornish would be in charge of Gemini's technology team and strategy, according to a press release. Further, Cornish will be overseeing the deployment of Nasdaq's SMARTS Market Surveillance, a benchmark for "real-time and T1" solutions for market surveillance.

The market surveillance project will "enable Gemini to monitor across all of its order books as well as Gemini Auctions, which are used to determine the settlement price for the Bitcoin (USD) Futures Contracts that trade on Cboe Futures Exchange, LLC," Gemini explained.

Gemini CEO Tyler Winklevoss said in a statement:

"Rob is a tremendous addition to our team. He will ensure that Gemini continues to deliver the best platform experience to our customers as possible and set the standards of excellence for the cryptocurrency industry as a whole."

The news comes two months after Gemini received approval to expand its cryptocurrency offerings from the state of New York, adding zcash to its list of tradeable coins.

Gemini currently operates under a banking charter in the state, though it has not received the state's landmark BitLicense, as previously reported by CoinDesk.

Taxi image via Shutterstock

DISCLOSURE

Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated.

The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. As part of their compensation, certain CoinDesk employees, including editorial employees, may receive exposure to DCG equity in the form of stock appreciation rights, which vest over a multi-year period. CoinDesk journalists are not allowed to purchase stock outright in DCG.

Muyao Shen

Learn more about Consensus 2024, CoinDesk’s longest-running and most influential event that brings together all sides of crypto, blockchain and Web3. Head to consensus.coindesk.com to register and buy your pass now.