Leadership Team

Marko M. Hafez

President, Co-founder

Marko is a serial entrepreneur with a background in financial services, real estate and retail marketplaces that started his first company at the age of 21. Previously to co-founding Blockstation in 2015, he founded and scaled Damasci Inc., a diamond retailer that grew to be the largest in Canada’s diamond district. He also founded Diamond Centre of Canada, which became one of the most advanced marketplaces for the sale, management, warehousing and distribution of precious gems. As President of Blockstation, Marko manages operations, sales, partnerships and team building to grow the company.

Jai Waterman


Jai is a serial entrepreneur with 18 years in the technology industry. He has expertise in the leadership of software development, enterprise architecture, and research and development. Previously Jai founded CloudDunk, an ERP Cloud company with customers across 12 industries, where he also invented Cross Company Automation to automate internal and external processes across multiple independent organizations. The allure of expediting Bitcoin and digital currency adoption and solving technical issues attracted Jai to create Blockstation. He has assembled and manages a talented development team that has successfully deployed Blockstation’s technology and suite of products.

Chris Shaule


Chris has extensive experience in both the private and public market compliance. His background includes Senior Vice President, Head of Capital Markets and National Sales Manager at Northern Securities. He was Chief Financial Officer of Dundee Securities, Northern Securities and Taurus Capital Markets. Chris was also Chief Trading Officer at Citigroup Global Markets Canada and Director of Risk at Harris Brown & Partners. Chris is a Chartered Accountant and holds a Bachelor of Sciences (Mathematics) from Queen’s University.

Carmello Marrelli

Chief Financial Officer

Carmello is the principal of Marrelli Support Services, a firm that delivers accounting and regulatory compliance services to Toronto Stock Exchange, Canadian Securities Exchange, and private companies. He is a Chartered Professional Accountant (CPA, CA, CGA) and a member of the Institute of Chartered Secretaries and Administrators. He sits on the board of a number of companies. Carmello has a Bachelor of Commerce degree from the University of Toronto.

Jack J. Bensimon

Regulatory Compliance Advisor

Jack is a seasoned international securities compliance advisor, banking professional and and AML specialist. He is a Managing Partner of Black Swan Diagnostics, an international regulatory compliance firm and BlockRake LLC, a Wyoming-based capital markets advisory firm. Previously he was CEO/Board Director of Epcylon Technologies. Jack has a Master of Laws (LLM) from the University of Toronto, and a General LLM and Securities Law LLM from Osgoode Hall Law School at York University.

Linda Montgomery

VP of Marketing

Linda is a marketing executive, a startup company advisor and an enthusiast of cryptocurrencies and Blockchain. Her 20+ year technology industry background includes marketing leadership and consulting roles for multiple emerging Canadian and Silicon Valley companies. Previously she held senior marketing roles at IBM in Canada, New Zealand and Hong Kong, and Telesat and KPMG in Canada. She holds a Bachelor of Commerce degree, a Bachelor of Arts degree and is a Certified Professional in Investor Relations (CPIR).

Michael Shmulevich


Michael is a technology startups specialist with 18+ years of experience in software engineering and architecture. He has held top technical management and leadership roles at several companies including BSM Technologies and Exilion Technologies. In recent years he was involved in producing software architecture and managing software development for several financial technology projects including algorithmic trading, risk management and cryptocurrency.

Kobhi Nanthakumaran


Kobhi is a serial entrepreneur with 20 years of background in cybersecurity, IT infrastructure and software engineering. He is currently Founder of VNK Consulting Group specializing in cybersecurity and software development. He is also CTO for Blockchain Fortress, a Blockchain and Crypto consulting firm. Kohbi has worked for the US Army, US Department of Defence and Canadian Security Intelligence Service (CSIS) . He is a long-time trader in foreign exchange markets and strong advocate for Blockchain. Kohbi is a member of the US Bitcoin Foundation and the Blockchain Association of Canada.



Kody is a design intellect experienced in developing brands, marketing campaigns and digital journey. His design philosophy is one that puts user at its core by understanding user behavior and connecting function and aesthetic to data-driven performance. As a designer, he believes that true creativity comes from a process of dissecting, discovering and comprehending all aspects of a project. Having success working with businesses from various industries, Kody has gained a deep understanding of blockchain’s real-world application potential and he is applying his design principles to bridge the gap of end-user experience and cryptocurrency.

Reza Khanahmadi

Algorithmic Trading ARCHITECT

Reza is a systems architect, developer, and serial entrepreneur. He has spent the past eight years creating and launching products with a focus on trading systems, algorithms, and analytics. After the sale of his flagship product, Trading Algo X, he continued as a consultant for boutique brokerages, creating trading systems and trader analytics platforms. His view of cryptocurrencies as a new asset class with infinite possibilities for the future, led to joining the team at Blockstaion. Reza graduated from the University of Waterloo with a degree in Electrical Engineering. Thereafter, he enrolled in the CFA Institute to become a Chartered Financial Analyst (CFA) and successfully passed all exams.

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