Former Goldman Sachs executive Marco Lim has reportedly been appointed as a managing partner at Hong Kong-based blockchain and cryptocurrency-focused hedge fund MaiCapital, Finance Magnates reported on Feb. 25.
Prior to joining MaiCapital, Lim also served at Deutsche Bank, Credit Suisse, and Forex Capital Markets, specializing in foreign exchange sales, according to Lim’s LinkedIn profile. At MaiCapital, Lim is expected to bring his expertise in sales and marketing to further develop the company.
Benedict Ho, a Co-Founder and Managing Partner at MaiCapital, told Finance Magnates that “Marco will focus primarily on marketing and establishing strategic partnerships for MaiCapital and its group companies. His long-standing investment banking relationships and market experience should bolster MaiCapital’ leading position in the digital asset management space.”
The blockchain and digital currency space has recently seen a number of appointments of individuals who previously worked in the traditional finance sector. Earlier this month, former JPMorgan Chase executive Etienne Amic was appointed as new CEO at Vakt, a blockchain-based commodity post-trade platform. Amic will be responsible for commodities trading at the Vakt platform, which is designed to digitize physical commodities trading by cutting out paperwork.
Also this month, cryptocurrency exchange ErisX appointed three veterans from Barclays, YouTube and the Chicago Board Options Exchange (CBOE) to fill executive roles at the company. The new appointments saw Robert Thrash serving as chief operating officer (COO), Arnold Connell as head of infrastructure, and John Denza as ErisX’s business development executive.