Gemini has hired a former executive from the New York Stock Exchange.
Crypto exchanges have been hiring from established exchanges to build more mature trading venues.
An executive from the iconic New York Stock Exchange is joining the Winklevoss' twins cryptocurrency exchange, the company announced Friday.
Robert Cornish, who headed the Big Board's technology efforts as chief information officer, is joining Gemini, the New York-based crypto trading firm, to serve as chief technology officer. He will be charged with overseeing the exchange's use of Smarts, the market surveillance technology it is using from exchange-operator Nasdaq.
"He will ensure that Gemini continues to deliver the best platform experience to our customers as possible and set the standards of excellence for the cryptocurrency industry as a whole," Gemini CEO Tyler Winklevoss said.
Previously Cornish worked at ISE Holdings, a securities exchange owned by Nasdaq, as CIO. News of Cornish's hire comes soon after rival Coinbase hired Peter Elkins from the New York Stock Exchange to build out a market surveillance platform, as Business Insider first reported.
Numerous Coinbase employees previously worked at NYSE, including Christine Sandler and Eric Scro. Both Gemini and Coinbase have been building out their exchange venues to look more like established stock trading venues.