A crypto market maker has poached its new chief executive for Japan from Goldman Sachs. The move is emblematic of red-hot digital token industry's attempts to suit up.

B2C2 said it is hiring Phillip Gillespie as its new CEO in Japan, effective January 29, 2018. Gillespie is currently an executive director at the investment bank's London office, where he has been a foreign exchange dealer for the past three years.

B2C2 was co-founded by Max Boonen (pictured below), a former Goldman fixed income trader, three years ago. The London-based start-up is keen to expand its forex dealing expertise with traders from traditional finance: «Having a trader of Phillip’s caliber in Tokyo will greatly enhance our ability to provide clients around the world with seamless execution,» Boonen said. 

Max Boonen 160

Previously, Gillespie worked as an algo trader at Barclays, a proprietary trader at J.P. Morgan, and an analyst at Lehman Brothers. B2C2 provides liquidity for bitcoin, ethereum, litecoin, ripple as well as other crypto-currencies.