David Wong Joins Board of BitMEX Owner

Kataryna Kovtun June 30, 2020

BitXmi

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Seychelles crypto exchange BitMEX on its blog announced the appointment of David Wong as a non-executive chairman of the board of HDR Global Trading Limited (owner of the exchange).

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The position of non-executive chairman suggests that Wong will not interfere in the affairs of the company day after day. His task will be the transformation of BitMEX into a “world-class financial company.” He joins other board members and co-founders of the company — Arthur Hayes, Ben Delo, and Samuel Reed.

“The opportunity to attract a person of such a level as David is a testament to the path we have gone. We are glad to accept him in our team, ” — the company said in a statement.

David Wong has 30 years of experience in global markets, investment banking, and asset management. Previously, he served as Deputy General Director of Bank of China, and also headed the Dutch branch of ABN AMRO in Southeast Asia.

David Wong will work on services for corporate clients?

Wong’s appointment was announced a week after BitMEX introduced a set of features and services designed specifically for corporate exchange customers. The BitMEX Corporate program includes corporate accounts owned not by individuals, but by legal entities.

BitMEX claims that these accounts have enhanced security, dedicated client management, and are suitable for audits by third parties. Such accounts can be classified as “legal ownership of a legal entity.”

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