Michael Ng has joined Kenetic as a senior trader, responsible for building out the firm’s OTC trading and markets business, as well as risk management solutions for cryptoassets.
Kenetic is a blockchain firm that seeks to expand the development and adoption of blockchain platforms through investments, advisory services, community and technology.
Based in Hong Kong, Ng joins from Natixis, where he spent over two years working as a director in the e-FX trading business and the global markets digital initiatives.
How have crypto markets in Asia evolved in comparison to those in the US and Europe? And will these markets look more or less different in the future? Galen Stops takes a look.
T aking a glance at the biggest crypto exchanges by volume and a clear pattern emerges: according to data from coinmarketcap.com, a website that tracks crypto trading volumes, at least seven of the top 10 ranked exchanges are based in the APAC region.
By contrast, some of the more better known US-based exchanges are found much further down the list.