Close Menu
  • Crypto News
  • Markets
  • Bitcoin
  • Ethereum
  • XRP
  • Altcoins
  • Technology
  • More
    • Crypto Prices – Latest from BTC, ETH & XRP
    • NFT
    • DeFi

Subscribe to Updates

Get the latest crypto news and updates directly to your inbox.

Trending

Can IOTA and ObjectID Eliminate the $450B Counterfeiting Problem?

July 27, 2025

Coinbase’s Bitcoin Cache Hits 2.9M—Here’s Who’s Behind the Stack

July 27, 2025

Ethereum CME Futures Open Interest Hits Record $7.85B

July 27, 2025

How to differentiate NFTs from memecoins

July 27, 2025

No OpenSea deal—Pudgy Penguins says it’s all about partnerships

July 27, 2025
Facebook X (Twitter) Instagram
  • Advertise
en English
nl Nederlandsen Englishfr Françaisde Deutschit Italianoru Русскийes Españolzh-CN 简体中文hi हिन्दीja 日本語
Crypto Observer
  • Crypto News

    Ethereum CME Futures Open Interest Hits Record $7.85B

    July 27, 2025

    Remember Akon’s Futuristic Crypto City? Here’s the Brutal Reality After 7 Years

    July 27, 2025

    How Wall Street Killed The Old Cycle–Expert

    July 27, 2025

    Bitcoin Takes a Backseat as Investors Rotate Capital to ETH and Altcoins: CryptoQuant

    July 27, 2025

    Windtree Therapeutics Targets New $520 Million Fund To Boost Holdings

    July 27, 2025
  • Markets
  • Bitcoin
  • Ethereum
  • XRP
  • Altcoins
  • Technology
  • More
    • Crypto Prices – Latest from BTC, ETH & XRP
    • NFT
    • DeFi
Facebook X (Twitter) Instagram
Crypto Observer
Home » Technology » Blockchain » Argo Blockchain appoints ex-CBOE digital leader as new CEO
Blockchain

Argo Blockchain appoints ex-CBOE digital leader as new CEO

Crypto Observer StaffBy Crypto Observer StaffNovember 27, 2023No Comments2 Mins Read
Facebook Twitter Pinterest Reddit Telegram Email LinkedIn Tumblr
Share
Facebook Twitter LinkedIn Pinterest Email

Argo Blockchain, a key player in the Bitcoin mining industry, has appointed Thomas Chippas, a veteran in digital assets and financial services, as its new CEO and Director, signaling a strategic shift amid the company’s recent challenges and market fluctuations.

Argo Blockchain, a prominent player in the Bitcoin mining and technology sector listed on both the London Stock Exchange and Nasdaq, has selected Thomas Chippas as its new CEO and Director.

Argo is excited to announce the appointment of Thomas Chippas as Chief Executive Officer and Executive Director.

Thomas was previously the CEO of CBOE Digital and has prior executive experience at Citadel, Axoni, Citigroup, and Barclays.

Full RNS: https://t.co/sPpRBKozIZ

— Argo (@ArgoBlockchain) November 27, 2023

Chippas, whose career spans across various leadership roles in the financial services and digital assets sphere, is poised to bring a wealth of experience to Argo. His tenure as CEO of CBOE Digital and founder of ErisX, a crypto trading platform later acquired by CBOE, stands out. CBOE faced a substantial $460 million write-down on this acquisition in 2022, casting a shadow on the venture’s success.

As Argo’s CEO, Chippas is set to receive up to 2.85 million units tied to the company’s American Depositary Shares, vested over three years. This incentive, however, hinges on his continuous employment and achievement of specific performance goals. Additionally, the company’s remuneration policy allows for further performance share units on his first and second appointment anniversaries.

Argo’s decision comes at a turbulent time. The company faced significant challenges, with former CEO Peter Wall stepping down in February and a distressing false alarm about filing for Chapter 11 bankruptcy in December of last year.

Despite these setbacks, Argo showed resilience, selling its Helios mining facility and securing a $35 million loan from Galaxy Digital, subsequently raising $7.5 million in an oversubscribed share sale to alleviate its debts.



Read the full article here

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Divine Issues 30K Crypto Loans Using Sam Altman’s World ID

Divine Issues 30K Crypto Loans Using Sam Altman’s World ID

July 27, 2025
Solo Bitcoin Miner Successfully Mines Block

Solo Bitcoin Miner Successfully Mines Block

July 26, 2025
Japan’s Approval Culture Is Blocking Crypto Growth: WeFi CEO

Japan’s Approval Culture Is Blocking Crypto Growth: WeFi CEO

July 26, 2025
Galaxy moves another $1.1B to Exchanges

Galaxy moves another $1.1B to Exchanges

July 25, 2025
Add A Comment

Leave A Reply Cancel Reply

Subscribe to Updates

Get the latest crypto news and updates directly to your inbox.

Top Posts

Can IOTA and ObjectID Eliminate the $450B Counterfeiting Problem?

July 27, 2025

Coinbase’s Bitcoin Cache Hits 2.9M—Here’s Who’s Behind the Stack

July 27, 2025

Ethereum CME Futures Open Interest Hits Record $7.85B

July 27, 2025
Advertisement
Demo

Crypto Observer is your one-stop website for the latest crypto news and updates, follow us now to get the news that matters to you.

Facebook X (Twitter) Instagram
Crypto News

Remember Akon’s Futuristic Crypto City? Here’s the Brutal Reality After 7 Years

July 27, 2025

How Wall Street Killed The Old Cycle–Expert

July 27, 2025

Bitcoin Takes a Backseat as Investors Rotate Capital to ETH and Altcoins: CryptoQuant

July 27, 2025
Get Informed

Subscribe to Updates

Get the latest crypto news and updates directly to your inbox.

Facebook X (Twitter)
  • Privacy Policy
  • Terms of use
  • Advertise with us | Publishing
  • Contact us
  • Crypto News – Press release
  • Newsletter sign up
  • Markets
  • Altcoins
  • Bitcoin
  • Crypto News
  • DeFi
  • Ethereum
  • Technology
  • Blockchain
  • AI
  • NFT
  • Thanks for joining us
© 2025 Crypto Observer. All Rights Reserved.

Type above and press Enter to search. Press Esc to cancel.