A Swiss digital investment specialist has decided to open up the Asian market for its business and will start out with a branch in Hong Kong.
Crypto Finance Group is expanding to Asia, the specialist for investments, trading and safe-guarding of digital assets said in a statement on Tuesday.
The Zurich-based Crypto Finance Group will serve demand for digital-asset products and services from an office in Hong Kong and attempt to bridge the gap between traditional banking and the crypto market. The company sees itself as a provider of services to the banking industry.
The company intends to establish its business in the region by 2020.
Crypto Finance Group named Alisher Tashpulatov as head of Asia Pacific. Asian clients have earned a reputation as eager traders and therefore act as key drivers of growth in the global digital token and coin boom. Tashpulatov previously worked in the crypto fund business of the firm and was involved in getting a license from the Swiss regulator as a crypto wealth manager. He will start in his position with immediate effect.
Tashpulatov is being backed up by the crypto-finance team, which has several team members with Asian experience, for instance CEO and founder Jan Brzezek.Read more