EQONEX Grows Gross sales Crew as Institutional Demand for Crypto Soars


SINGAPORE, Oct. 26, 2021 /PRNewswire/ — EQONEX, a digital belongings monetary providers firm (Nasdaq: EQOS), at the moment introduced it has considerably expanded its worldwide gross sales staff with strategic hires to fulfill the exponential development of institutional demand for digital belongings.

EQONEX CEO, Richard Byworth stated, “Institutional participation in crypto is at an inflection level. Our institutional purchasers {and professional} crypto merchants wish to work with consultants they’ll belief, and our funding in extremely skilled professionals displays our dedication to delivering a best-in-class, compliant and clear cryptocurrency platform”.

To comprehend its development ambitions, EQONEX has recruited Alex Phillips, as Group Head of Gross sales, who brings a wealth of expertise from his 17-year profession in monetary markets. Mr. Phillips joins EQONEX from Dymon Asia Capital, the place he was Head of Buying and selling, for the previous six-years. Prior roles embrace Head of Buying and selling for Asian markets at Millennium Capital Companions and world equities and derivatives gross sales and buying and selling at BNP Paribas, Martin Currie, and RBS.

Talking on his appointment, Mr. Phillips stated, “I’ve watched EQONEX disrupt the cryptocurrency marketplace for a while now, and have been impressed by the corporate’s popularity, the sophistication of its product suite, and its observe report as the primary crypto-asset alternate to have met the stringent standards to listing publicly in the united stateson Nasdaq.”

EQONEX additionally appointed Malcolm Baker as Head of Group Gross sales for the European area. Mr. Baker brings over 30-years of multi-asset monetary providers experience gained at his earlier roles with the CME Group in Asia, and most not too long ago because the founding father of FX FWD Ltd, an organization shaped to offer a light-weight, sturdy FX Swaps Pricing resolution to world merchants and Brokers.

“The unprecedented demand for digital belongings and the comparatively few locations that meet the rigorous requirements imposed by regulators, places EQONEX in an virtually unmatched place within the market. It is likely one of the solely organizations that supply a completely complete and really world suite of digital asset providers, that meet the requirements of regulatory compliance and monetary transparency demanded by establishments {and professional} merchants.” Mr. Baker stated.

Along with Mr. Phillips and Mr. Baker’s appointments, EQONEX has additionally deepened its nation and product gross sales experience, with the next strategic appointments:

Matthew Allott was appointed as Asset Administration Head of Gross sales, overseeing asset administration gross sales. Mr. Allott joins from Optimus Buying and selling, a household workplace, the place he had accountability for managing round $200m in AUM throughout derivatives, commodities, and digital. Mr. Allott has beforehand held funding administration positions within the United Kingdom and Russia.

“I’m delighted to affix EQONEX. Its full ecosystem of digital asset providers is extremely compelling. Particularly, the Bletchley Park Fund has demonstrated mind-blowing returns with 80% of the portfolio being market impartial. The alpha-centric market-neutral fund of fund technique is precisely what institutional traders want in unstable crypto markets. It is nice to be a part of such a high-performing staff,” stated Mr. Allott.

Metin Simsek was appointed as Head of Funding Merchandise for Germany, with accountability for gross sales and distribution inside this vital market. Mr. Simsek spent greater than a decade in fairness by-product gross sales at UBS Funding Financial institution. Mr. Simsek additionally spent 4 years with HSBC.

“In Germany, we’re readying for the launch of a retail funding crypto product that may deliver digital belongings to the shopper in an simply investible format, making it accessible for all. It is extremely thrilling to be working with such an amazing staff on the launch of such an modern product. The chance to be on the forefront of the event of a full suite of digital asset monetary providers was too good to move up.” Mr. Simsek stated.

Bjorn Rosendahl has joined EQONEX because the Head of Gross sales for Custody. Mr. Rosendahl is an trade chief with greater than 25-years of monetary providers expertise. In his most up-to-date position, he was Head of Custody of EMEA at J.P Morgan Worldwide Non-public Financial institution. He additionally beforehand held positions at Pictet Group, Reuters, and Deutsche Financial institution.

“As digital belongings change into more and more vital for institutional funding portfolios, traders require a custodian that meets the best regulatory requirements. Digivault, the EQONEX group’s custodian, delivers a completely customizable, regulated, insured, trade licensed, and accredited resolution. It’s an honor to work alongside such a robust and various vary of expertise from finance by means of to the federal government safety trade,” stated Mr. Rosendahl.

Talking on the brand new appointments, Richard Byworth, Chief Govt at EQONEX, stated: “Over the previous three years we’ve constructed an distinctive one-stop store for crypto and digital belongings. With final week’s bulletins of the brand new advertising and marketing hires and with Alex and the staff being put in place this week, we at the moment are properly positioned for the subsequent part of development. It’s time to present the world the standard of the EQONEX group providing, and I’m excited to welcome such a excessive caliber group of salespeople to the group”.

About EQONEX Group

Eqonex Restricted is a digital belongings monetary providers firm targeted on equity, governance, and innovation. The group encompasses cryptocurrency alternate EQONEX in addition to an over-the-counter buying and selling platform. It additionally presents a front-to-back built-in buying and selling platform, Entry Buying and selling, a securitization advisory service EQONEX Capital, market main cold and hot custodian Digivault, and asset supervisor Bletchley Park.

For extra info go to: https://group.eqonex.com  
Comply with EQONEX on social media on Twitter @eqonex, on Fb @eqonex, and on LinkedIn.

This press launch is supplied by Eqonex Restricted (f.ok.a. Diginex Restricted “Eqonex”) for info functions solely, is a abstract solely of sure key details and plans of Eqonex and consists of ahead trying statements that contain dangers and uncertainties. With out limitation, the press launch doesn’t represent a proposal or solicitation in relation to any securities or different regulated services or products or to utilize any providers supplied by Eqonex, and neither this press launch nor something contained in it can type the idea of any contract or dedication in any respect. This press launch has not been reviewed by any regulatory authority in any jurisdictions. Ahead trying statements are statements that aren’t historic details and are topic to dangers and uncertainties, which may trigger precise outcomes or outcomes to vary materially from the forward-looking statements. Most of those components are exterior of Eqonex’s management and are troublesome to foretell. Components that will trigger such variations embrace, however will not be restricted to: Eqonex’s restricted working historical past and historical past of internet losses; Eqonex’s capacity to execute its marketing strategy; the speed and diploma of market acceptance of Eqonex’s merchandise; failure to acquire the requisite regulatory licenses and {qualifications} or set up partnerships with entities in sure jurisdictions to fulfill regulatory necessities; modifications in legal guidelines or laws; litigation and regulatory dangers; Eqonex’s lack of ability to efficiently determine, rent and retain expert people; competitors; Eqonex’s lack of ability to efficiently develop expertise to service its enterprise traces and hold tempo with quickly altering expertise and consumer or regulatory necessities; dangers of cyber incidents; reliance on distributors and third-party service suppliers; lack of ability to guard or protect its proprietary rights and the danger of infringing on the mental property rights of others; potential battle of curiosity arising from managing totally different enterprise traces; dangers of worker misconduct and manipulation of distributed ledger networks and good contract expertise by malicious actors; threat of Eqonex dropping entry to its personal keys or information loss regarding its digital asset investments; the flexibility of Eqonex to develop and handle development profitably; normal financial and market situations impacting demand for Eqonex’s services, different enterprise line particular dangers and such different dangers and uncertainties included in Eqonex’s Kind 20-F filed with the U.S. Securities and Trade Fee (the “SEC”) on June 30, 2021, together with these below “Danger Components” therein, and in Eqonex’s subsequent filings with the SEC, which can be found on the SEC’s web site at www.sec.gov.

As well as, any forward-looking statements contained on this press launch are primarily based on assumptions that Eqonex believes to be affordable as of this date. Eqonex undertakes no obligation to replace any forward-looking statements to replicate occasions or circumstances after the date of this press launch or to replicate new info or the prevalence of unanticipated occasions, besides as required by regulation.

Copyright (c) Eqonex Restricted 2021.

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