Winklevoss twins’ crypto exchange Gemini has announced on Thursday the appointment of Jeremy Ng as the company’s head of Asia Pacific region.
This is one of the high-profile appoints of the exchange and Ng will be responsible for shaping its overall strategy in the region – from developing new products to charting the course of operation.
With this, the New York-headquartered crypto exchange is building a stronger presence in Asia, as Ng and his yet to be hired team will operate from Singapore.
“Southeast Asia is an important part of the crypto movement,” Cameron Winklevoss, president of Gemini to whom Ng will directly report, said. “The Monetary Authority of Singapore has developed thoughtful regulation that is paving the way for further adoption and innovation. We look forward to building a presence in this major Fintech hub and the Asia Pacific region with Jeremy leading the way.”
As a part of its global expansion strategy, the exchange is also planning to file for a license under Singapore’s newly introduced Payment Services Act (PSA) and Ng will turn out to be a major anchor for this.
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Before joining Gemini, Ng was the CEO at Leonteq Asia, a company specializing in structured financial products, and is bringing over 20 years of experience to the crypto exchange.
His portfolio also includes stints of experience from global investment giants like Goldman Sachs, Deutsche Bank, and Morgan Stanley across Hong Kong and Singapore.
Ng appointment came when the New York exchange is making several major appointments to boost its global expansion efforts.
This includes the appointment of Julian Sawyer as Gemini Europe head, Noah Perlman as the chief compliance officer, and David Damato as the chief security officer.
“Jeremy is the latest addition to an incredibly accomplished group of senior leaders who have joined Gemini over the past few years,” Winklevoss added.