Crypto.com appoints Patrick Yoon as General Manager, South Korea

By Shaurya Malwa

Crypto.com, the world’s fastest-growing crypto platform, has today appointed Patrick Yoon as General Manager of South Korea. Founded in 2016, Crypto.com now boasts a user base of 10 million and has 2,600 employees across the world.

Patrick is joining Crypto.com from Visa, where he served as Country Manager of Visa Korea and Mongolia for the last 3 years, building sustainable business growth through collaboration with key stakeholders in the Korean financial industry including regulatory bodies and financial institutions.

He has played an instrumental role in expanding the global influence of Visa’s partners ranging from traditional finance companies to big tech and fintech players.

His ‘Go Global’ campaign to promote SMB’s overseas market penetration amid the COVID-19 pandemic was recognized by the Korean Ministry of Small and Medium Enterprises and Startups’ ‘Inclusive Company’ project.

Earlier in his career, Patrick served in senior local and global roles with Standard Chartered Bank in Korea, Singapore, Taiwan, and the United Kingdom.

Patrick’s appointment comes as Crypto.com has experienced strong growth in the last 12 months, adding over 1,500 employees and growing the user base by fivefold to over 10 million. In Q2 2021 the Crypto.com app was ranked in the top-10 finance apps in both the App Store and Google Play.

“South Korean investors have been eager to invest in digital assets and cryptocurrency markets,” said Patrick Yoon, General Manager, South Korea, in a statement.

He added:

“I look forward to working with the talented team at Crypto.com to drive our business growth in Korea by meeting the needs of our customers and adhering to regulatory standards and practices. We will work closely with industry leaders and policymakers to enhance understanding of this fast-growing industry and support its growth in a safe and sustainable manner.”

Kris Marszalek, co-founder and CEO Crypto.com, added, “Throughout his career, Patrick’s has demonstrated deep and extensive experience in driving sustainable business growth within regulatory frameworks with established financial brands. His strong corporate background is a perfect fit for Crypto.com. We look forward to reaching new heights in Korea with Patrick on board.”

Crypto.com today serves over 10 million customers with the world’s fastest-growing crypto app, along with the Crypto.com Visa Card — the world’s largest crypto card program — the Crypto.com Exchange and Crypto.com DeFi Wallet.

Crypto.com is built on a solid foundation of security, privacy and compliance and is the first cryptocurrency company in the world to have ISO/IEC 27701:2019, CCSS Level 3, ISO27001:2013 and PCI:DSS 3.2.1, Level 1 compliance, and independently assessed at Tier 4, the highest level for both NIST Cybersecurity and Privacy Frameworks.

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