CandleFocus

Crypto-Backed Cloud-Storage Platform Storj Promotes Colby Winegar to CEO

Colby Winegar has been promoted to the position of CEO of decentralized cloud-storage platform, Storj. The outgoing CEO, Ben Golub, will remain with the company as executive chair. Winegar, who was previously the chief revenue officer, has a strong background in the cloud-storage industry, having co-founded and led CrowdStorage, the world's largest distributed cloud-storage platform at the time. The Storj platform is supported by its own native cryptocurrency, STORJ, which is currently trading at around $0.47. Golub praised Winegar for his pivotal role in the company's growth and recent acquisitions.

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