He will be responsible for shaping Gemini’s overall strategy in the region, developing products, and charting the course for operations.
Crypto exchange Gemini has appointed Jeremy Ng as head of Asia Pacific, as it builds its physical presence in Singapore, the company announced on Friday.
Ng has 20 years of experience in financial services organizations, most recently as Asia CEO at Swiss investment solutions provider Leonteq. Prior to this, Ng worked at leading global investment banks including Goldman Sachs, Deutsche Bank, and Morgan Stanley across Hong Kong and Singapore.
«Southeast Asia is an important part of the crypto movement. The Monetary Authority of Singapore has developed thoughtful regulation that is paving the way for further adoption and innovation. We look forward to building a presence in this major Fintech hub and the Asia Pacific region with Jeremy leading the way,» Cameron Winklevoss, president of Gemini, said in a statement.
Gemini said it intends to file its license with the Monetary Authority of Singapore under the newly formed Payment Services Act as part of its global expansion strategy, and will be announcing a number of openings to grow its team in the city-state.
Gemini was founded in 2014 by U.S. entrepreneurs and identical twins Cameron and Tyler Winklevoss. The firm has been strengthening its senior ranks in recent months as its ramps up its global footprint.
Senior leaders who have recently joined Gemini include Starling Bank co-founder Julian Sawyer as U.K. and Europe managing director, Morgan Stanley’s former head of global financial crimes Noah Perlman as chief compliance officer, and security expert David Damato as chief security officer.