100x Group announced the appointment of Alexander Höptner as the new Chief Executive Officer of 100x Group, the holding group for HDR Global Trading Limited, owner and operator of the BitMEX platform.
Alex will lead 100x Group as we pursue our wider vision of shaping the evolution of digital financial services through strategic investments, innovation, and enhancement of the BitMEX platform. He will report directly to 100x Group Chairman Dr. David Wong and will join the board of directors. Vivien Khoo will relinquish her Interim Chief Executive Officer responsibilities when Alex joins in January 2021.
Alex joins 100x Group from Börse Stuttgart GmbH and Euwax AG, where he has been Chief Executive Officer since 2018. The Börse Stuttgart exchange became a pioneer of digital asset trading under Alex’s leadership as Germany’s first regulated trading venue for cryptocurrency and the European Union’s first traditional exchange operator to become a regulated crypto multilateral trading facility. He previously held executive committee roles for Deutsche Börse AG, operator of the Frankfurt Stock Exchange, where he worked for 15 years before leaving in 2016 to found two start-ups for the trading of virtual assets.
Alex said: “The BitMEX platform forever changed the way we trade cryptocurrency and 100x Group will forever change the way we use modern financial services. I am proud to join 100x Group because I share the global ambition and audacity of its founders and employees to create an ecosystem of cryptocurrency technology that will improve lives. The future of this industry will increasingly belong to those who provide a regulated trading environment that is innovative, liquid, and fair for institutional and retail investors alike. I will ensure 100x Group and the BitMEX platform will continue to play a leading, constructive role in the global development of digital asset markets.”
100x Group Chairman, Dr. David Wong, said: “Alex joins us at a timely moment when the company is undergoing a transformational journey into our next stage of growth and development, and I am confident that with his experience he will make a major contribution. He joins a well-established business with a proud history of innovation, an exceptionally talented team, and the financial resources to invest for the long term. He has been appointed with the full support of the Board and we look forward to seeing Alex take our company to the next level.”