Sotiris Karagiorgis has started a new role as Head of Risk at Axi, according to his LinkedIn post.

The move comes as Axi expanded its crypto perpetuals offerings, adding over 150 contracts across major and emerging digital assets. The expansion positions the broker among a limited number of multi-asset firms offering crypto derivatives within a single regulated platform.

Perpetual futures now dominate crypto trading, accounting for nearly 70% of Bitcoin volume and 76% of global derivatives activity.

Axi Hires Former eToro Risk Lead

Before joining Axi, Karagiorgis spent nearly two years at eToro in Limassol, Cyprus. Most recently, he was Enterprise Risk Manager for nine months, overseeing risk for Smart Portfolios and Popular Investors copy trading services, managing third-party vendor risks, supporting regulatory engagements, and monitoring personal account dealings.

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Prior to that, he served as Financial and Operational Risk Manager for just over a year, conducting risk assessments, developing policies, investigating incidents, and maintaining business continuity plans.

Karagiorgis Brings Audit, IFRS Expertise

At Deloitte in Nicosia, Karagiorgis held Senior Manager, Manager, and Assistant Manager positions, leading teams preparing IFRS financial statements and serving as the firm’s technical specialist for CaseWare and ESEF reporting.

Earlier, he spent over six years at Crowe Cyprus as Assistant Manager and Manager, delivering audit and assurance services, preparing financial statements under IFRS and local GAAP, and managing audit teams.

Axi Maintains Football Sponsorship Partnerships Globally

Separately, the firm continues its global sports sponsorship activities. John Stones, Manchester City and England defender, remains Axi’s Global Brand Ambassador and will continue appearing in marketing campaigns.

The broker also partners with several football clubs, including Man City, Man City Women, Brazilian club Esporte Clube Bahia, and LaLiga side Girona FC, where it serves as Official LATAM Online Trading Partner. These agreements are part of Axi’s broader sponsorship strategy.