Wall Street veteran Jamil Nazarali, the founder and current CEO of the exchange, will move to the position of executive chairman of the board, according to a press release.

Acuña-Rohter previously served as the chief technology officer of the firm since joining in 2022. Before EDX, he was the CTO of ErisX, a crypto firm acquired by Cboe in late 2021 that led to the start of Cboe Digital, the crypto arm of Cboe.

“I am proud to have led EDX through its initial start-up phase and to have built such a strong team of leaders and operators across the firm,” said Jamil Nazarali, Executive Chair, EDX. “EDX promptly reached significant volumes and has seen a growing client base and strong institutional and retail flows since launch. Now is the right time to transition operational responsibilities to a new generation of leaders.”

This article originally appeared in CoinDesk. Read the full article here.