Altcoin News

The EOS Venture Capital division now headed by former Jefferies Asia CEO

Having developed the most expensive blockchain, Block.one, which is responsible for the EOS token, has today appointed Alexander Mike to be the head of the EOS Venture Capital division.

According to an announcement from Block.one, “As CEO of the venture business unit, Alexander is responsible for managing both direct venture investments and EOS VC partnerships, with a focus on sourcing and investing in projects developing on the EOSIO ecosystem. Mike has extensive experience in investment banking and is one of the most respected individuals in the financial services industry in Asia. ”

On assuming his new role, Mike said that,

“Block.one is shaping the next generation of technology and the internet. The vision of its founders has resulted in it being one of the fastest-growing organizations in the world and I am excited to be joining. The company’s unique position as the publisher of the EOSIO open-source code means that it is poised to lead the way in investments related to the burgeoning platform.”

The Jefferies group is a multinational investment bank where Alexander had worked for close to 8 years. Apart from Jefferies, Mike has worked for CLSA Hong Kong as group head of sales, director of proprietary trading at Deutsche Bank, and also as a senior executive at JPMorgan. In total, Alexander has 25 years in the traditional financial sector.

His appointment as a senior executive at a crypto-focused firm will  aid in moving the agenda and vision which Block.one has for the EOSIO project among others.

With over one billion US dollars marked to be invested in EOSIO projects, there is no better mind to head the EOS Venture Capital division than Alexander Mike. Coinmarketcap currently ranks the EOS coin at number 5 in the top ten virtual currencies.

Do you think Mike, in his investment tracks, will also increase the value of the EOS token hence an appreciation to the coin’s price?

Leave a comment below and join the conversation.

coinmag

Philip is an experienced blogger keen on staying updated with trends and news surrounding the blockchain and Bitcoin space. With several years of freelance experience in various industries, Philip brings his knowledge and experience into the crypto space.

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