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:
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