Banxa Holdings Inc. announced after a 10-year tenure as Founder and Chairman of the Board, Domenic Carosa has decided to retire from his position as Chairman and resign from the Board effective immediately. In his place, Holger Arians, the CEO, has been appointed to the Board and will assume the role of Director & Chairman of the Board. Furthermore, Matthew Cain, non-executive director, has decided to retire and will be stepping down from the Board effective immediately.

Finally, Leigh Travers will join the Board as a non-executive director, representing Dominet Digital Investments Pty Ltd, a company associated with outgoing Chairman Domenic Carosa. Mr. Leigh Travers is an accomplished fintech executive with major roles across a number of high-growth companies. He has enjoyed a near 10-year career within the crypto-asset industry with experience across both executive and board positions, including the first publicly listed crypto firm on the Australian Securities Exchange and the crypto exchange in the Australian market.

Mr. Travers has experience within the US payments industry and cross-border payments in both board and executive roles. In a non-executive capacity, Mr. Travers was a director of Aura Fat Projects Acquisition Corporation. Mr. Travers also helped drive the responsible adoption of blockchain technology by industries and governments across Australia while serving as director, Chairman, and Treasurer of Australia?s blockchain industry body, Blockchain Australia Ltd.