NewsCryptoNew Market Trading Appoints Ajdin Kahrović as Chief Technology Officer on Launch Day

New Market Trading Appoints Ajdin Kahrović as Chief Technology Officer on Launch Day

Author: Blocktelegraph·

Key Takeaways

  • New Market Trading appointed Ajdin Kahrović as Chief Technology Officer on the same day it began accepting new clients.
  • Kahrović previously led engineering at defi.app, scaling the platform to over $40 billion in cumulative trading volume and a $500 million valuation.
  • NMT clients hold investment accounts directly on the blockchain using ERC-4337 smart account technology that preserves self-custody.
  • The NMT team holds delegated permission to execute trading strategies but cannot withdraw or redirect client funds.
  • NMT requires a minimum account balance of USD $100,000 and offers access to over 10,000 onchain assets, yield products, and active strategies.
New Market Trading Appoints Ajdin Kahrović as Chief Technology Officer on Launch Day

Florida, USA (PinionNewswire)

New Market Trading (NMT), the first wealth management firm to place the investment account itself on the blockchain, has announced the appointment of Ajdin Kahrović as Chief Technology Officer. Kahrović joins the company on the same day NMT opens its doors to new clients, ensuring that the platform's security architect is in place from day one.

Kahrović brings more than 11 years of engineering leadership across fintech, Web3, and DeFi. He previously architected defi.app from inception to over $40 billion in cumulative trading volume, 10,000 daily active users, and a $500 million valuation, while leading an eleven-person engineering team. His technical expertise spans blockchain architecture, smart contracts, DeFi protocols, backend systems, and cloud infrastructure.

"The CTO seat at New Market Trading carries real weight. Our clients hold their own assets, but the smart contracts the platform introduces need to be secure and audited. Ajdin has already built and scaled this kind of infrastructure at defi.app, past $40 billion in cumulative volume, and he leads engineers as well as he designs architecture. I hired him to own our technology completely. That is why he is here," said Frank Hepworth, Founder & CEO of New Market Trading.

NMT clients own their investment accounts directly on the blockchain through ERC-4337 smart account technology. ERC-4337, Ethereum's account abstraction standard, enables programmable wallets with features such as transaction batching, gas sponsorship, and custom validation logic — capabilities that traditional externally owned wallets cannot offer. The NMT team holds scoped, delegated permission to execute trading strategies but cannot withdraw or redirect client funds. According to the company, the security and integrity of this architecture is not merely a feature — it forms the entire basis of the client relationship.

In his role as CTO, Kahrović will lead all engineering efforts, set the technical roadmap, and oversee the security and reliability of the platform as it scales.

"I'm excited to join Frank and the New Market Trading team as we build a platform that enables onchain wealth to be managed securely, in a truly self-custodial and censorship-resistant way," said Ajdin Kahrović, CTO of New Market Trading. "Our mission is to help investors own the highest-performing, fully managed crypto portfolios, whilst preserving the original benefits of crypto: sovereignty and independence. Exciting times lie ahead, and I'm looking forward to what's next."

Kahrović's appointment ensures that as NMT expands, the engineering foundation will be designed and maintained by someone who has already carried this level of responsibility in production, at significant volume, under real market conditions. His technical philosophy aligns with NMT's founding principles: infrastructure that is censorship-resistant, open-source, privacy-preserving, and secure.

New Market Trading describes itself as the first wealth management firm to move the investment account onto the blockchain. NMT clients hold accounts via ERC-4337 smart account technology, delegate trading management to the NMT team — which can execute strategies but never withdraw or redirect funds — and gain access to over 10,000 onchain assets, yield products, and active strategies. The account minimum is USD $100,000.

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