Antalpha names Derar Islim as chief operating officer

Antalpha Platform Holding Company (NASDAQ: ANTA) appointed Derar Islim as chief operating officer and CEO of Americas & EMEA, effective immediately, the company announced.

Islim previously served as interim CEO and chief operating officer at Genesis, where he handled business operations and strategic initiatives during a period of industry change, according to the press release.

"Derar brings a wealth of experience in leadership, business expansion and operational excellence," said Jin Xin, CEO of Antalpha. "With a strong track record in scaling global businesses and building high-performing teams, he is well-positioned to drive growth in Antalpha's strategic markets and support our vision for innovation and sustainable expansion."

Islim said he was excited to join the company. "Antalpha's vision and commitment to innovation and risk management resonate deeply with me. I look forward to working alongside our talented team and partners to drive growth and strengthen Antalpha's role in the digital asset industry."

Antalpha provides financing, technology, and risk management solutions to institutions in the digital asset industry. The company offers Bitcoin supply chain and pledge loans through its Antalpha Prime technology platform, which allows customers to originate and manage digital asset loans and monitor collateral positions with near real-time data.

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