Reza Masoudifar has stepped down as CEO of Tetherland after eight years of leadership. He announced his resignation in an Instagram post, stating that Soroush Hosseinzadeh will now take over the reins of the company.
According to Masoudifar, "This change is the result of over a year of planning for the gradual transfer of responsibilities and preparing the management team to usher Tetherland into a new phase of maturity and growth."
Hosseinzadeh, who previously served as the CEO of Nipoto Exchange, is also the founder of a fintech company that developed Nipoto as one of its flagship products.