Xtrade.io announced yesterday that it has taken on Mushegh Tovmasyan, CEO of Divisa Capital, as a strategic advisor, according to Medium.
Xtrade.io CEO Alexander Kravets said: “It’s an honor having a legendary entrepreneur in the trading space like Mushegh to join XTRADE.IO as a strategic advisor. Our technology will be the bridge that brings billions of dollars in new market cap to cryptocurrency markets via institutional investors. We just have to provide the level of technological sophistication that they have become accustomed to trading on Wall Street, which is exactly what we are building at XTRADE.IO.”
A long track record
Tovmasyan is a veteran of the online trading industry – he began his career in 2003. He worked at Alpari for more than 4 years before joining Divisa Capital. At Alpari he was head of sales and the chief commercial officer.
He founded Divisa Capital Group in 2008, and joined Divisa Capital as its CEO in 2014. He held this role for almost 4 years, according to information made public on his LinkedIn profile.
In January 2018 he gave up his post as Director of Divisa UK in order to concentrate on Equiti. Tovmasyan co-founded Equiti Group in January 2017.
Tovmasyan said: “The technology that XTRADE.IO is building is exactly what will help bring institutional investors along with professional traders into the cryptocurrency markets. Their team has the background, talent, and expertise to bring a much needed technological upgrade to crypto trading and we plan to work closely with them moving forward.”