James Taylor, one of the leading lights at BNY Mellon, has left his role at the global bank to take a new position in crypto. All of Talyor’s business acumen acquired over the years on the job will add up to his role Unizen, where he will assume the newly created position of Chief Business Development Officer.
Unizen’s smart exchange ecosystem combines the best elements of CEX and DEX to provide deep liquidity and tight spreads for traders, whether retail or institutional. At a time when institutional investors, in particular, are taking a keen interest in decentralized finance but often lack the means to gain exposure, Unizen appears well-prepared to meet the challenge.
From banking to banking to hard-to-bank onboarding
James Taylor’s resume reads like a man of global investment banking, having worked at BNY Mellon, JP Morgan, Deutsche Bank, Barclays Capital and Salomon Brothers during a distinguished career spanning more than two decades. In his most recent posting at BNY Mellon, Taylor served as the Global Head of Electronic Forex Sales. This was eight years earlier at JPMorgan Chase, including a role as head of fixed income currency and commodity (FICC) market structure.
In short, Unizen’s new business edge looks quite attractive, and their appointment is not just a coup for the exchange platform: it is largely a validation of DeFi. While it’s no longer uncommon that Defy make changes late in the careers of the TradeFly Titans, Taylor’s transition is shocking to most. On paper, it seems that the trading specialist had no shortage of options on the table when considering his next career move. So what exactly drew him to Unizen?
According to Taylor, it was the quality of Unizen’s team that propelled him with nonetheless impressive technology: “Of course, the team is top-notch in terms of talent, but what impresses me the most is the ethical philosophy that I apply to everyone.”
he adds: “I am very excited about our ambition to be the universal and unified gateway through which traditional financial market participants have access to new digital asset markets.” This is a loud endorsement from his new employer, which one would certainly expect, but it is also an endorsement of where crypto and DeFi are going next.
Smart Exchange gets smarter
Unizen is billed as “smart exchange“In this it aggregates instruments and services that were traditionally silent. Over the years, the crypto exchange landscape has been fragmented, with some products and assets only available on CEX (limit orders, cross-chain swaps, futures) And some are only available on DEXs (Trusted Trading, Fee Sharing, Produce Farming). Emerging platforms like Unizen combine many of these capabilities under one roof, helping the next generation of traders access those tools , which their predecessors had only limited access to.
Unizen’s smart exchange ecosystem just got a little smarter, with James Taylor leading its business development efforts.