Rob Salman Of CoinList Quits The Company As Business Development Head In Less Than 6 Months Of Joining
Rob Salman Of CoinList Quits The Company In Less Than 6 Months Of Joining
The crypto ecosystem lost another big name from its talent pool as CoinList’s Rob Salman announced his departure from the company. He was in charge of building the firms institutional arm with an alternative trading system (ATS).
Prior to CoinList, Salman was on the business development team at IEX, the upstart stock exchange since its earliest days in 2013. He previously worked at Citadel, Nasdaq, and Bloomberg. The University of Texas-graduate is known on Wall Street for his market structure expertise, with one high-frequency trading executive describing Salman to The Block as a stud. He left IEX just before it welcomes its first-ever listed company, Interactive Brokers.
His LinkedIn Profile description reads:
“A dedicated, results-oriented sales professional with expertise in brokerage/financial industries, operations, departmental functions (including hands-on interaction with all levels of upper management), developers, analysts, and electronic traders. A strong leader with the motivation and capability to provide excellent customer service while aspiring to the highest levels of quality and accountability. Series 7, 3 and 63 licensed.”
A CoinList’s spokesperson told the Block Crypto:
“CoinList’s plans for 2019 remain fully on track. We are looking forward to launching new products into the exciting and ever-changing digital asset market this year.”
The departure of Salman is rumored to be linked to the firm backing down from being a Registered Investment Advisor and charging investors. The company’s president Andy Bromberg said:
“We are no longer providing investment advice to the investor. We are merely vetting projects — allowing investors to do their own due diligence. We are providing marketing services.”
Although Bromberg later clarified that it was because of regulatory pressure which even pushed the company in conducting extensive due diligence and quarterly reports.