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Ex-Goldman, BlackRock Veteran Joins Crypto Trading Platform Apifiny as CTO
Jason Jiang helped build BlackRock and comes to Apifiny before it goes public.
Updated May 9, 2023, 3:19 a.m. Published May 20, 2021, 12:30 p.m.
Crypto trading platform Apifiny has hired a Goldman Sachs and BlackRock veteran to lead its technology division, the company announced Thursday.
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Jason Jiang will serve as the firm’s chief technology officer as it plans to go public by the end of 2021 with its trading, market-making and crypto mining operations. Prior to joining Apifiny, Jiang helped build high-speeding trading systems for the past 16 years.
During bitcoin's latest bull run, hiring from the world of traditional finance has ramped up as crypto’s market cap has soared. Earlier this month, institutional bitcoin shop NYDIG poached the chief financial officer of Bridgewater Associates, the world's largest hedge fund.
“Not only does [Jiang] have a lot of experience at Goldman, but he was also in BlackRock in the very early days, so he helped build BlackRock,” Apifiny CEO Haohan Xu said.
Read more: Crypto Trading Platform Apifiny Plans to Go Public
Jiang most recently served as a vice president at Goldman Sachs and led technical development efforts in the bank’s global narkets division, overseeing the quantitative trading, electronic market development and algorithm research groups. Prior to joining Goldman Sachs, Jiang was a vice president and software development manager at BlackRock.
Jiang said he was interested in Apifiny’s goal of being an exchange for other crypto exchanges.
“Currently, crypto is highly fragmented,” Jiang said. “We want to provide one single platform.”
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- French banking group BPCE will start offering crypto trading services to 2 million retail customers through its Banque Populaire and Caisse d’Épargne apps, with plans to expand to 12 million customers by 2026.
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- The move follows similar initiatives by other European banks, such as BBVA, Santander, and Raiffeisen Bank, which have already started offering crypto trading services to their customers.
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