Financial and Business News

Traze CEO Erkin Kamran Announces Exit to Launch TradFi-Web3 Startup

Thursday, 04/09/2025 | 16:57 GMT by Jared Kirui
  • Kamran joined Traze from the London-based Zeal Group, where he served as the Chief Technology Officer.
  • Traze recently obtained a license to operate in the UAE.
Erkin Kamran

The CEO of online trading platform Traze, Erkin Kamran, has announced that he is stepping down from his role “to work on a new build at the intersection of tradfi and web3.”

“After careful consideration, I have decided to step down as CEO of Traze. Incredibly proud of how much we shipped in a short time with the team – launching and growing a top-tier regulated broker in the UAE and proving what focused execution can deliver. A big Thank You to @Traze team for the trust, commitment, and camaraderie,” Kamran announced today (Thursday).

“What’s next: I’m working on a new build at the intersection of tradfi and web3 – still early and in stealth, but will share soon enough. If you’re solving problems in trading or fintech – feel free to reach out I’m always up for a catch-up be it on product, liquidity , GTM or more.”

Traze's Global Presence

Traze is a contracts for differences (CFDs) broker brand under the Seychelles-regulated brand Zeal Capital Market. Early this year, the company secured a license in the United Arab Emirates.

The approval allows the broker to provide brokerage, portfolio management, and advisory services to retail and institutional investors in the UAE and “the broader region.”

Other recent moves: FYNXT Appoints Chief Revenue Officer, Bringing APAC and EMEA Sales Experience

“This regulatory milestone allows us to continue our aim of making investing more accessible and helping traders with the tools and education they need to succeed,” said Kamran.

Alongside the UAE authorization, Traze also holds an operational license in South Africa. It is part of Zeal Group, which operates the ZFX brand from the United Kingdom and Seychelles, with the offshore entity serving retail clients and the UK arm catering to professionals and institutions.

A Seasoned Expert

Kamran is a seasoned industry executive who joined Traze from the London-based fintech Zeal Group. He also has experience from serving as a Project Manager at Bank of America Merrill Lynch, among other roles.

Meanwhile, the UK unit of Zeal ended its financial year on 30 June 2024 with revenue of £802,437, down 81 percent, while net profit rose 41 percent to £213,344 from £151,408 a year earlier, with all revenue derived from brokerage services to UK clients.

The CEO of online trading platform Traze, Erkin Kamran, has announced that he is stepping down from his role “to work on a new build at the intersection of tradfi and web3.”

“After careful consideration, I have decided to step down as CEO of Traze. Incredibly proud of how much we shipped in a short time with the team – launching and growing a top-tier regulated broker in the UAE and proving what focused execution can deliver. A big Thank You to @Traze team for the trust, commitment, and camaraderie,” Kamran announced today (Thursday).

“What’s next: I’m working on a new build at the intersection of tradfi and web3 – still early and in stealth, but will share soon enough. If you’re solving problems in trading or fintech – feel free to reach out I’m always up for a catch-up be it on product, liquidity , GTM or more.”

Traze's Global Presence

Traze is a contracts for differences (CFDs) broker brand under the Seychelles-regulated brand Zeal Capital Market. Early this year, the company secured a license in the United Arab Emirates.

The approval allows the broker to provide brokerage, portfolio management, and advisory services to retail and institutional investors in the UAE and “the broader region.”

Other recent moves: FYNXT Appoints Chief Revenue Officer, Bringing APAC and EMEA Sales Experience

“This regulatory milestone allows us to continue our aim of making investing more accessible and helping traders with the tools and education they need to succeed,” said Kamran.

Alongside the UAE authorization, Traze also holds an operational license in South Africa. It is part of Zeal Group, which operates the ZFX brand from the United Kingdom and Seychelles, with the offshore entity serving retail clients and the UK arm catering to professionals and institutions.

A Seasoned Expert

Kamran is a seasoned industry executive who joined Traze from the London-based fintech Zeal Group. He also has experience from serving as a Project Manager at Bank of America Merrill Lynch, among other roles.

Meanwhile, the UK unit of Zeal ended its financial year on 30 June 2024 with revenue of £802,437, down 81 percent, while net profit rose 41 percent to £213,344 from £151,408 a year earlier, with all revenue derived from brokerage services to UK clients.

Topics
Traze
About the Author: Jared Kirui
Jared Kirui
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Jared is an experienced financial journalist passionate about all things forex and CFDs.

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