World’s leading crypto trading platform hires ex Microsoft and Agoda Product execs to bring Web3 to the masses
Binance, one of the world’s largest crypto trading platforms, has appointed two Indian American executives, Rohit Wad and Mayur Kamat to bring mass adoption to crypto and lower the barrier to entry to Web3 technology.
Both Wad, former Corporate VP at Microsoft, and Kamat, former Agoda VP of Product, will focus on making Web3 services more accessible and usable to everyday people and driving innovation within the Binance ecosystem, according to a media release.
As Binanceâ€™s new CTO, Wad, will be responsible for engineering scalable, compliant and fast Web3 services and solutions. He will also be responsible for ensuring the continued security, stability, and liquidity of the exchange while meeting the evolving regulatory compliance requirements across regions where the platform is available.
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In addition, Wad will focus on significantly expanding the engineering team to accelerate the organization’s progress.
As the new Head of Product, Kamat will lead every aspect of Binance’s product strategy, roadmap and development. He will guide the team to build products that will bring mass adoption to crypto and lower the barrier to entry to Web3 technology.
“My career has been focused on improving everyday life with the power of technology,” said Kamat. “Less than 10 percent of the addressable internet population owns crypto assets. Our goal is to bring the benefits of Web3 technology to the masses by making the product simple enough that anyone in the world can use them, including those who are new to it. I am humbled to play a small part in providing financial freedom and supporting inclusion to billions of people.â€
“We are working on many Web3 experiences and solutions that will be transformative to billions of people, starting with the freedom of money,” said Wad. “I am excited to be able to bring the amazing advances and potential of Web3 technology to everyone.”
Wad joins Binance with over 30 years of experience in engineering and development. Prior to Binance and Microsoft, Wad served as an Engineering Director at Facebook and Google. Wad was one of the key players behind the development of Microsoft Teams and Skype.
Kamat brings to Binance 20 years of experience in tech and product. Previously, Kamat served as the VP of Product at Agoda where he was in charge of the company’s supply, finance and marketplace products.
Prior to that, he led product teams at Hiya and Google. Kamat was behind the product team that developed Gmail for mobile, Android for Work, Hangouts, Google Voice, and Windows DRM.
Binance is the world’s leading blockchain ecosystem and cryptocurrency infrastructure provider with a financial product suite that includes the largest digital asset exchange by volume.