Exclusive FNG… FNG has learned that Erkin Kamran has resigned as CFDS CEO Broker Traze based in the UAE.
Erkin Kamran has been with Traze for the last two years, serving as Managing Director of TRAZE as well as CTO/CPO of the parent company Zeal Group. Zeal Group also exploits the ZFX Online Trading brand. Prior to his time at Trace / Zeal Group, Erkin founded and created CRYT, a multi -license cryptographic point and encryption derivatives with EU VASP licensed. Trading in the EQUONEX GROUP.
Earlier this year, led by Erkin Kamran, Traze Securities LLC received a full license of Class 1 from AAA’s SCA Authority (SCA).
Trace offers online commercial services in multiple jurisdictions and operates mainly by Dubai. Part of the Zilia Group, the company also holds South African FSCA license, a FCA license in the United Kingdom (with the ZFX brand) and has an offshore entity in the Seychelles. The Trace and Zeal Group is controlled by the Chinese national Yun Chen.
Erkin published the following note on social media about his departure from Trace.
After a careful examination I decided to resign as TRAZE Managing Director.
Incredibly proud of how much they are sent shortly with the team-starting and cultivating a top-notch broker in the UAE and proving what the focused execution can deliver. A big thank you to the @traze team for trusting, committing and companionship.
What will happen: I work in a new construction at the tradfi and web3 intersection – even early and in secrecy, but I will share quite soon. If you solve problems in the trade or in the fintech-not hesitate to reach, I’m always up for a catch-up either on product, liquidity, GTM or more.
Curious: What congestion in trading/payments do you want to finally want to fix?