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Crypto Exchange Luno's Co-Founder Departed in December
Timothy Stranex also served as the company's chief technology officer.
Updated May 9, 2023, 4:06 a.m. Published Jan 19, 2023, 3:29 p.m.
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Cryptocurrency exchange Luno's co-founder and chief technology officer (CTO), Timothy Stranex, exited in December to "pursue personal projects," the firm told CoinDesk Thursday.
Stranex's departure came nearly 10 years after he founded the company with Carel van Wyk, Pieter Heyns and current CEO Marcus Swanepoel. He's been replaced as CTO by Simon Ince, who joined Luno just under two years ago as its vice president of engineering.
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Luno, whose parent company is Digital Currency Group (also the parent company of CoinDesk), says it has over 10 million customers worldwide. Headquartered in London, it has offices in Singapore, Cape Town, Johannesburg, Lagos and Sydney.
Read more: Bitcoin Miner Bitfarms' CEO Resigns and Is Replaced by COO
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