Aquanow Adds Fatih Gunay to Lead Growth in Türkiye
May 14 2024 - 2:00AM
Aquanow, a leading digital assets infrastructure provider, today
announced that Fatih Gunay has joined as General Manager of its
Turkish subsidiary, Aquanow Türkiye, and will lead regional growth
and expansion efforts.
“We’re excited to bring on someone with Fatih’s deep experience
in banking and financial services, which will help accelerate the
introduction of innovative digital asset solutions in Türkiye,”
said Phil Sham, Chief Executive Officer.
Fatih Gunay previously served as the Head of Public Sales for
United Payment, one of the largest payment processors in Türkiye.
Prior to that, he held Manager and Senior Sales roles at Destek
Yatırım Menkul Değerler, İnfo Yatırım Menkul Değerler A.Ş., BMFN.,
FinansTera A.Ş., and TeleTrade.
“Aquanow, which facilitates billions of trade volume globally
every month, is well positioned to serve existing and emerging
digital asset use cases in Türkiye, just as institutional adoption
of crypto as an asset class is beginning to accelerate,” said Fatih
Gunay. “I’m excited to be joining a global digital assets firm that
views Türkiye as a key pillar of its growth strategy.”
“Türkiye represents a market with strong demand for digital
assets and the country is poised to be a global leader in the
space,” Sham added.
Türkiye is fourth worldwide in terms of crypto transaction
volume, behind only the US, India, and the UK, according to a 2023
report released by Chainalysis. Seeing the potential of the Turkish
market, Aquanow established its subsidiary in Q3 2022.
In February, Aquanow announced a strategic investment from Oyak
Portföy and Finberg, two of Türkiye’s leading portfolio management
companies. The milestone investment marked the beginning of a
strategic partnership focused on developing innovative digital
asset solutions for the Turkish market.
Reports have indicated that Türkiye is moving towards regulatory
clarity around digital assets, with new rules anticipated to come
into place this year. Once a new framework for crypto regulations
comes into place in Türkiye, Aquanow will seek all required
licenses, as it has done it wherever required globally.
Earlier this year, Aquanow was awarded a VASP license by Dubai’s
VARA, an indication of the company’s broader expansion across the
Middle East.
About AquanowAquanow is a leading digital
assets infrastructure provider enabling crypto financial services
for institutional clients. Each month, the company facilitates
billions of dollars of trade volume for a broad range of use cases.
Aquanow serves an international customer base that includes the
world’s fastest-growing banks, neobanks, brokerages, and payment
companies. Established in 2018 and headquartered in Canada, Aquanow
currently has 100+ team members. In 2023, Aquanow ranked amongst
the fastest growing companies with a four-year revenue growth rate
of 1,842%, according to the Deloitte Technology Fast 500 list. To
learn more about Aquanow, please go to https://www.aquanow.com.
Media ContactAquanowChris
DeLucachris@aquanow.com