Josh Goodbody joins Binance to lead Europe/LATAM Growth, Institutional Business

By AymT 01/30/20 9:57 AM

Former J.P. Morgan Chase Exec, Huobi counsel and State Street Legal Counsel Josh Goodbody is shifting to a similar role at Binance, one of the world’s largest crypto exchanges by trading volume, according to Binance’s blog on Thursday.

Josh Goodbody | Image via LinkedIn

Goodbody joins as Director of European and Latin American Growth and Institutional Business where he will lead regional growth and develop Binance’s institutional markets in these regions.

According to his LinkedIn profile, Goodbody was Head of Europe and the Americas at Huobi where he helped established its Global Institutional Business department–bringing on more than a thousand institutions–and introduced its products and services to a global audience as well as successfully creating regulated businesses in new jurisdictions. Goodbody also brings an experienced background as a financial markets lawyer, providing counsel to institutions such as J.P. Morgan, Credit Suisse, and State Street.

He is also an adviser to Equilibrium, a DeFi startup which announced a self-funded insurance policy for one of its tokens last month.

In a statement, Goodbody said Binance has built “a strong foundation of trust to drive further growth.”

“I am humbled to join a team that shares the same guiding philosophy that democratizing money can make a significant impact in people’s lives and the opportunity to be part of this journey with Binance during a pivotal time of growth,” he said.

“We are excited to welcome Josh Goodbody to the Binance family and look forward to his integral role in strengthening our presence and growth in the European and Latin American markets,” said Binance CEO Changpeng Zhao (CZ). “He comes with a strong background in traditional finance, building products and services that combine the utility of traditional finance and transformative power of blockchain technology.”

Binance US announced Wednesday it would be offering staking rewards for Algorand (ALGO) and Cosmos (ATOM) tokens starting Feb. 1, joining Kraken and Coinbase in offering staking services within the U.S.