A former commercial enterprise institution exec has expressed he'll assist "transform" BitMEX, only a week after the crypto derivatives alternate launched a brand new company service.
Announced Tuesday, BitMEX owner HDR Global Trading expressed David Wong - a former deputy CEO at Bank of China, the second-largest commercial enterprise institution in Hong Kong - will be part of its board as a non-executive chairman to assist develop and switch the Seychelles-based entity right into a "world-class commercial enterprise technology company."
Wong had beforehand been the South-East Asian head of Dutch commercial enterprise institution ABN AMRO, earlier than heading up the medium of exchange system markets division at Bank of China. Since going the last mentioned commercial enterprise institution in 2013, Wong has change into a board member for a spread of firms, together with many actual property trusts and a life coverage firm.
According to his Bloomberg profile, he in addition sits on the board for Singapore's Energy Market Authority, in addition to its Civil Service College, which affords education packages for presidency staff.
"Being able to attract individual of David's calibre is a testament to the distance HDR has traveled," expressed Arthur Hayes, HDR's CEO and co-founder.
In the identical assertion, Wong expressed HDR had an "inspiring vision for the future," yet didn't elaborate on what that was or how he would assist make over the corporate.
Last week, HDR launched a brand new account service for company clients, that comes with increased safety and full-time relationship managers, liaisons between the alternate and purchasers, that are commonplace in conventional finance.
BitMEX declined to touch upon the hiring when contacted by CoinDesk.
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