Altcoins Talks - Cryptocurrency Forum
Learning & News => News related to Crypto => Articles about Cryptocurrency => Topic started by: mskumar on May 17, 2018, 06:18:28 PM
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Karen Chen, the former president of UBS China, is now the chief executive officer of financial technology group Higgs Block Technology Pte. Ltd. Chen is another example of a financial veteran that decided to jump from the financial industry to the blockchain sector.
Making the Crypto Leap
However, according to a phone interview with Bloomberg, Chen mentioned that she left UBS in October for personal family reasons. Chen initially started working with the Singapore-based blockchain company in December. Higgs Block Technology is however quite a young company. They were founded in August 2017 but have expanded relatively quickly.
Higgs Block Technology currently has five subsidiaries including Higgs Chain, BitUN Fintech, Higgs Consulting, Higgs Exchange Group, and Exchange Technology. The group also includes Coinsuper, a token exchange. These businesses overlap between blockchain technology, financial management consulting, and one-stop exchange solutions.
Bloomberg also pointed out that there has been an increasingly growing number of financial professionals that have joined the cryptocurrency industry. The trend is however significantly less for Chinese executives due to the regulatory crackdowns. However, while the government is strict on cryptocurrencies, blockchain technology remains highly relevant for Chinese clients.
SOURCE:https://btcmanager.com/former-ubs-president-joins-cryptocurrency-company-as-ceo/?utm_source=onesignal&utm_medium=push (https://btcmanager.com/former-ubs-president-joins-cryptocurrency-company-as-ceo/?utm_source=onesignal&utm_medium=push)