• The former Country Manager of Visa Korea has been appointed as the new General Manager of Crypto.com

  • Crypto.com, the world’s fastest-growing crypto platform, is expanding its team by appointing Patrick Yoon, the former Country Manager of Visa Korea and Mongolia, as the new General Manager of South Korea.

    The exchange, which was founded in 2016, now has 10 million users and 2,600 employees worldwide. Crypto.com has announced the appointment of Patrick Yoon as the new General Manager of South Korea.

    According to the company, Patrick will bring a verified track record in the Korean financial industry to the Korean crypto scene, having played a key role in expanding the global influence of Visa’s partners, which range from traditional finance companies to big tech and fintech players.

    Furthermore, his ‘Go Global’ campaign to promote SMBs’ overseas market penetration in the midst of the COVID-19 pandemic was recognized by the Korean Ministry of Small and Medium Enterprises and Startups’ ‘Inclusive Company’ project.

    Furthermore, Yoon’s appointment comes at a time of rapid growth for Crypto.com. Over the last year, the company expanded rapidly, hiring over 1500 new employees (now 2,600 total).

    Following this, Patrick Yoon, General Manager for South Korea, and Kris Marszalek, co-founder and CEO of Crypto.com, expressed their eagerness to collaborate. According to Patrick Yoon,

    South Korean investors have expressed an interest in investing in digital assets and cryptocurrency markets. I am excited to work with the talented team at Crypto.com to drive our business growth in Korea by meeting our customers’ needs while adhering to regulatory standards and practices.

    He also stated that they would collaborate closely with industry leaders and regulators to improve their understanding of this rapidly growing industry and to support its growth in a safe and sustainable manner.

    Kris Marszalek added,

    Patrick has demonstrated deep and extensive experience driving sustainable business growth within regulatory frameworks with established financial brands throughout his career. His extensive corporate experience is an excellent fit for Crypto.com. We are excited to reach new heights in a safe and sustainable manner.

    Crypto.com Pay announced the launch of its new recurring payments feature last week. According to the company, the feature will make it easier for all merchants on the platform to create a curated list of subscription products and services.

    What's your reaction?