Regulated bitcoin exchange/platform itBit brings in new CCO and CFO

Regulated bitcoin exchange/platform itBit brings in new CCO and CFO

Appointment of Daniel Alter as General Counsel and CCO, and Kim Petry as CFO bolsters executive team’s regulatory and financial management credentials.


itBit, a financial services company leveraging traditional capital markets infrastructure and blockchain technology, today announced the appointments of Daniel “Danny” Alter as the company’s new General Counsel and Chief Compliance Officer, and Kim Petry as Chief Financial Officer. itBit was the first regulated bitcoin exchange able to accept customers across the United States. Back in July,  itBit introduced their Global OTC Agency Trading Desk, a boutique service that specializes in facilitating large transactions over 100 bitcoins.

Alter and Petry bring significant regulatory and financial management experience to itBit’s management team. Alter joins itBit after stepping down from his most recent post as General Counsel of the New York State Department of Financial Services (NYDFS) in February of this year, where he served as principal counsel and strategic adviser to the New York State Superintendent of Financial Services. Petry was previously CFO of Global Operations and Technology at Broadridge Financial Services and, before that, served as CFO and Vice President of Global Commercial/Corporate Card Payment at American Express.

“Between Danny’s deep expertise in financial services and virtual currency regulation and Kim’s demonstrated track record as a successful CFO of global financial organizations, I’m confident that itBit will continue to grow and develop innovative blockchain-based solutions to address the financial industry’s greatest pain points,” said Chad Cascarilla, Co-Founder and CEO of itBit. “Danny and Kim possess a deep understanding of how to grow and run a successful business within the regulatory framework of

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