Binance announced Friday that it recently hired two executives with decades of tech experience to focus on expanding its Web3 offerings.
Binance has appointed former Microsoft corporate vice-president Rohit Wad as its chief technology officer. The cryptocurrency exchange also added Mayur Kamat to serve as its head of product, joining the company after serving as the vice-president of product for travel company Agoda.
Both executives will focus on expanding the company’s Web3 experiences and making them more accessible to the public.
Wad, who has more than 30 years’ experience working for companies including Facebook and Google, will be responsible for engineering Web3 services and expanding the engineering team. He will also focus on “ensuring the continued security, stability, and liquidity of the exchange while meeting the evolving regulatory compliance requirements across regions where the platform is available,” an April 1 announcement from Binance says.
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