Mayur Kamat, the Global Head of Product at Binance, has resigned from his position, becoming the latest in a string of top executives to depart the cryptocurrency exchange.

Binance confirmed Kamat’s departure in a statement provided to Decrypt, expressing gratitude for his contributions during a period of significant growth:

“We can confirm that Mayur has stepped down from his role as product lead,” said a a Binance spokesperson. “We are grateful to him for helping guide Binance through some of our most explosive growth, and we wish him the very best.”

Mayur Kamat, who previously worked at tech giants including Google, Microsoft, and Agoda, joined Binance in January 2022. According to his LinkedIn profile, he played a key role in expanding the crypto exchange’s user base from 80 million to over 150 million within 18 months through the introduction of various product offerings.

Kamat also claimed to have contributed significantly to the launch and success of Binance features such as Feed, Tax, and CeDeFi.

Binance is by far the industry’s largest centralized exchange, with trading volumes over the past 24 hours exceeding $4

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Author: Andrew Asmakov

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