In a strategic move to accelerate its presence in the cryptocurrency market, MultiBank.io, the digital trading arm of the globally recognized MultiBank Group, has appointed Ryan Kim as its new Chief Executive Officer. Based in Dubai, MultiBank Group stands as the world’s largest financial derivatives institution, and with Kim at the helm, the company aims to expand its cryptocurrency exchange operations on a global scale.
Ryan Kim brings a wealth of experience from his tenure on Wall Street, having held significant positions at financial giants such as Goldman Sachs and JP Morgan. His expertise in FX options trading and his leadership in developing Falcon X’s derivatives trading division, which saw substantial growth in trading volumes, make him a valuable addition to the MultiBank.io leadership team.
Founded in California in 2005, MultiBank Group has grown exponentially, boasting a daily trading volume exceeding $15.6 billion and annual volumes surpassing $3 trillion. Serving over one million customers, the group is lauded for its stringent regulatory compliance, maintaining impeccable records with more than 15 regulators across five continents. This robust regulatory framework underpins MultiBank Group’s reputation as the largest online provider of financial derivatives, offering a diverse range of services including brokerage, asset management, and cutting-edge trading technologies. Their platforms offer leverage up to 500:1 on various financial instruments, including Forex, metals, shares, commodities, indices, and digital assets.
Naser Taher, Founder and Chairman of MultiBank Group, expressed his enthusiasm for Kim’s appointment: “We are thrilled to welcome Ryan Kim to lead MultiBank.io during this pivotal period in the crypto industry’s evolution. His extensive experience and strategic vision align perfectly with our mission to deliver secure, transparent, and regulated exchanges. With his leadership, we aim to advance blockchain technologies and create innovative trading ecosystems that empower our global clientele. I am confident that under Ryan’s guidance, MultiBank.io will solidify its position as the most trusted platform in the cryptocurrency sector, further enhancing our status as a global financial services leader.”
Ryan Kim shared his excitement about the new role: “MultiBank Group’s strong regulatory relationships across multiple jurisdictions are a significant advantage, establishing a reputable and trusted brand—crucial in the crypto industry where trust is paramount. I am honored to lead MultiBank.io and provide our clients with reliable trading solutions that adhere to the group’s stringent regulatory standards. The advanced technology, global reach, and regulatory expertise of MultiBank Group distinguish us from competitors, offering a substantial advantage for MultiBank.io.”