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Crypto Exchange Luno's Co-Founder Departed in December

Timothy Stranex also served as the company's chief technology officer.

(Tumisu/Pixabay)
(Tumisu/Pixabay)

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






Jamie Crawley

Jamie has been part of CoinDesk's news team since February 2021, focusing on breaking news, Bitcoin tech and protocols and crypto VC. He holds BTC, ETH and DOGE.

Jamie Crawley