• Luno, a cryptocurrency exchange, announced the departure of its co-founder and CTO, Timothy Stranex, in December 2020.
• He has been replaced as CTO by Simon Ince, who joined Luno two years prior as its vice president of engineering.
• Luno is headquartered in London and has offices in Singapore, Cape Town, Johannesburg, Lagos and Sydney, with over 10 million customers worldwide.

In December 2020, Luno, a cryptocurrency exchange, announced the departure of its co-founder and chief technology officer (CTO), Timothy Stranex. Founded over 10 years ago by Stranex, Carel van Wyk, Pieter Heyns and current CEO Marcus Swanepoel, Luno has since grown to become one of the world’s premier cryptocurrency exchanges, with over 10 million customers worldwide.

Stranex’s departure marks the end of a successful tenure that saw Luno grow from a budding startup to a major player in the cryptocurrency sphere. He has been replaced as CTO by Simon Ince, who joined Luno just under two years ago as its vice president of engineering.

Luno is headquartered in London and has offices in Singapore, Cape Town, Johannesburg, Lagos and Sydney, making it a truly global cryptocurrency exchange. The exchange enables users to buy, sell and store cryptocurrencies such as Bitcoin, Ethereum, and Ripple, as well as offering services such as debit cards, bank transfers and more.

The company is owned by Digital Currency Group (also the parent company of CoinDesk), and has become one of the most popular exchanges in the world due to its user-friendly interface, low fees and wide range of services. With Stranex’s departure, Luno will now look to Ince to take the reins and continue to propel the exchange to new heights.