Cryptocurrency exchange West Realm Shires Services Inc. (FTX US) today announced that former CFTC Commissioner Mark Wetjen has joined the company to lead its public affairs efforts as Head of Policy and Regulatory Strategy.

Mr Wetjen brings with him more than twenty years of experience in the practice of law, policy making, regulatory strategy and exchange operations. He most recently held the position of CEO at MIAX Futures, where he focused on crypto-derivative products and strategic initiatives.

Mr Wetjen also previously served as a commissioner and acting chairman of the U.S. Commodity Futures Trading Commission and was a member of the board of directors of LedgerX, which was recently acquired by FTX US and rebranded as FTX US Derivatives.

In his new role as Head of Policy and Regulatory Strategy, Mr Wetjen will lead the Company’s communications with U.S. regulatory and legislative bodies. Additionally, he will be advising the company on its compliance standards and reporting operations. He will also continue to serve on the board of directors of FTX US Derivatives.

Mr. Wetjen said:

“I am thrilled to join FTX US, which has a strong record of product innovation combined with a healthy respect for following the rules to ensure fair and orderly markets while also protecting the consumer. I look forward to helping FTX US continue expanding its product offerings in that same manner, while also advancing the regulatory conversation of the crypto landscape on behalf of FTX US.”