After parting ways with FXStreet earlier this year, Carolina May has set her sights on the cryptocurrency-associated media space. Finance Magnates has learned that the former CEO of the major trading portal has begun a new path in the forex media, joining NewsBTC, a news service providing daily news for crypto traders, as its newest Strategic Advisor. She joins the Bitcoin news portal’s advisory board with immediate effect.
Ms. May’s career in the financial services industry spans over a decade.
She originally joined FXStreet back in 2007 as a marketing assistant. In 2010, she joined its board of directors, following which she took on a wide range of roles, which ultimately paved the way for her ascension to CEO of the group in 2012. She was replaced by Setxi Fernandez in June 2017.
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While cryptocurrency trading assets remain largely uncertain in terms of oversight, booming volatility is attracting increasing numbers of traders. Many individual and institutional investors, including global banks, have turned their attention and (perhaps more tellingly) their money toward these new instruments and their related applications.
Financial media outlets are no exception. Over the last year, the surge in value of cryptocurrencies and the rush of funds into initial coin offerings (ICOs) have attracted more financial media attention. Interest in this space has been stoked by the runaway performance of Bitcoin, which has risen in value by more than 300 percent in recent months to hit a record high above $4000 per unit. It currently shows no signs of changing course.
Ms. May shared with Finance Magnates her excitement in joining NewsBTC’s team and in supporting the startup’s ambitious goals: “I am currently working as a consultant in the digital industry. Digital currencies are showing its potential to become a viable asset outperforming most assets at the moment. I think there is a tremendous opportunity to make an impact and help traders invest in this evolving market. NewsBTC is eager to grow and become the main source for these traders and we will work together to achieve this.”