FinTech Magazine - August 2022 | Page 106

Kris Marszalek
Star Xu

TOP 10 03

Kris Marszalek

Crypto . com 04

Star Xu

OKCoin and OKX
While this serial crypto entrepreneur has a chequered past , he has no doubt left his mark on the industry . He founded the crypto exchange OKCoin in 2013 , before becoming CEO of OKGroup . In 2017 , he founded OKX , although he is reportedly not involved in the venture anymore .
Chinese authorities arrested Xu in 2020 on suspicion of fraud , though he reemerged the following month , denying any wrongdoing .
Described by Crypto . com as “ a seasoned company builder ”, Marszalek co-founded ecommerce business Beecrazy before selling it to iBuy Group for US $ 21mn in 2013 . He also led Asian discount retailer Ensogo before joining Crypto . com as CEO six years ago .
Under his stewardship , it has become one of the largest and most important crypto platforms , with more than 4,000 employees and 50mn users . The platform is reported to have more than US $ 250mn in daily volumes .
106 August 2022