The Polish BitBay exchange has just announced that it has gained a new investor from the US. It is a company that has not yet been named by name. This means important changes in personnel matters, including Sylwestra Suszka, who founded the stock exchange in 2014, leaves the company.
BitBay with a new investor
BitBay is today the largest cryptocurrency exchange in Central and Eastern Europe and the third largest in Europe. The company has just announced that it has gained a new, key investor.
As reported by the stock exchange on its own Facebook profile, the process of changing the investor has already started and is expected to last about a year. Who is the investor? It is only known that it is a US company from the FinTech industry.
On this occasion, the platform will face important personnel changes. Sylwester Suszek, CEO of the stock exchange and its founder, ceased to perform his duties, “It is also not involved in new projects implemented by BitBay – both at the strategic and operational level.”
A new step in the development of the stock exchange
The stock exchange added that the new investor marks the next step in the development of the platform. We don’t know exactly what this is supposed to mean, but we can assume that the company will surprise us very soon.
By the way, it is worth recalling that BitBay was officially launched in spring 2014. On this occasion, Sylwester Suszek, the founder of the platform, presented its possibilities during a special event that was organized in Katowice.
It is also worth adding that the exchange constantly adds new cryptocurrencies to its system and develops in terms of security and user service.
Today the company is registered in Estonia and its operation is regulated by the Financial Intelligence Unit.
The commencement of the investment process is another step in the company’s expansion – at the beginning of 2021, BitBay began cooperation with the Swiss SEBA Bank – a leader in the smart-banking sector. The collaboration gave rise to a new standard in terms of performance, security and flexibility in virtual enterprise financing and asset tokenization
– adds the company in its announcement on Facebook.
You can read more about BitBay itself and how to register on this exchange here.