Karen Chen, Former UBS China President,  Has Been Appointed As CEO At Higgs Block Technology Pte. Ltd.

The former president of UBS (China) Ltd. Karen Chen has been appointed as CEO at a digital money firm Higgs Block Technology Pte. Ltd., joining other money related industry veterans in escaping to the blossoming innovation technology of cryptocurrencies.

Chen began his activity in December at Higgs Block, a Singapore-based blockchain organization established in August, as per an announcement. The group incorporates a token exchange called Coinsuper and additionally units that give private-banking of the currency, over-the-counter exchanging and consulting services in digital forms of money.

A developing number of budgetary experts have joined the digital money world as Bitcoin’s spectacular increases over the previous year begin to draw the attention of mainstream investors. In any case, the pattern has been less pronounced for executives in China, where an administrative crackdown has everything except finished digital currency exchanging and contributions in what used to be Bitcoin’s most dynamic exchanging market. Chen would likewise be one of only a handful couple of female officials in the male-overwhelmed universe of blockchain.

In the statement Chen said, “There is a market need to disrupt the industry by integrating the cutting-edge technology with traditional financial assets and services to help sophisticated investors to bridge this gap.”