Share this article
Cryptocurrency Trading Platform Uphold Reshuffles Top Brass
Simon McLoughlin takes over as CEO as long-serving chief J.P. Thieriot becomes the firm’s vice chairman.
By Ian Allison
Updated May 11, 2023, 6:00 p.m. Published Feb 17, 2022, 2:19 p.m.
Uphold, a platform offering cryptocurrency trading and digital asset debit cards, appointed Simon McLoughlin as its CEO. He takes over from J.P. Thieriot, who had held the position since late 2018.
McLoughlin has served as Uphold’s president and chief operating officer for the past three years. Thieriot, who joined the firm at its inception in 2013, becomes vice chairman, according to a press release.
STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters
"Uphold has enjoyed phenomenal growth under JP's leadership, which saw the introduction of the Anything-to-Anything trading interface," McLoughlin said in a statement. "We’re delighted to introduce, shortly, a new revolutionary interface to cement Uphold’s position as the easiest place to invest, pay, or spend its extensive range of digital assets instantly."
Uphold started life as Bitreserve, a wallet and payments platform. It was the brainchild of CNET founder Halsey Minor, who left the firm in 2018 to take the helm full time at Live Planet, a blockchain-enabled video-streaming service.
In May, Uphold fired its chief compliance officer who, the firm said, had made off with corporate and user funds totaling 516,242 pounds (US$732,495).
More For You
What to know:
- As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
- GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
- Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.
More For You
French Banking Giant BPCE to Roll Out Crypto Trading for 2M Retail Clients
The service will allow customers to buy and sell BTC, ETH, SOL, and USDC through a separate digital asset account managed by Hexarq.
What to know:
- French banking group BPCE will start offering crypto trading services to 2 million retail customers through its Banque Populaire and Caisse d’Épargne apps, with plans to expand to 12 million customers by 2026.
- The service will allow customers to buy and sell BTC, ETH, SOL, and USDC through a separate digital asset account managed by Hexarq, with a €2.99 monthly fee and 1.5% transaction commission.
- The move follows similar initiatives by other European banks, such as BBVA, Santander, and Raiffeisen Bank, which have already started offering crypto trading services to their customers.
Top Stories
