xMoney Global names Greg Siourounis as co-founder and CEO
Former Sui Foundation MD Greg Siourounis has joined crypto payments platform xMoney Global as co-founder and CEO.
xMoney Global names new CEO and co-founder
His immediate focus will be on “partnerships, regulatory alignment and market expansion”, according to a company statement, including the launch of a blockchain-as-a-service module and stablecoin programme.
This module will be supported by white-label services for acquiring, issuing, and on/off ramps, along with a “sticky loyalty” programme.
These developments come ahead of Europe’s upcoming MiCA deadline on 30 December, which mandates stringent provisions for the issuance and management of stablecoins in the EU.
Licensed as a virtual asset service provider (VASP) in Estonia and powered by the MultiversX blockchain, xMoney was initially launched as Utrust in 2018 by Artur Goulão, Filipe Castro, Nuno Correia and Roberto Machado.
Siourounis succeeds the reins of the company from Sanja Kon, who previously led Utrust through its acquisition by MultiversX in 2022, before departing for Circle in September last year.
He joins xMoney directly from blockchain and smart contract platform Sui Foundation, a non-profit seeking to drive the adoption of the Sui blockchain developed by Mysten Labs. Prior to this, Siourounis founded Greece-based payment service provider EveryPay in 2017.
