Former UBS China President Joins Cryptocurrency Firm as CEO
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Karen Chen, the former president of UBS (China) Ltd., has been appointed chief executive officer at cryptocurrency firm Higgs Block Technology Pte. Ltd., joining other finance veterans in jumping ship to the burgeoning digital-asset industry.
Chen started at Higgs Block in December, the Singapore-based blockchain company said in a statement. The group, founded in August, includes an exchange called Coinsuper and units that provide private-banking, over-the-counter trading and consulting services for cryptocurrencies. Chen left UBS in October for family reasons, she said in a phone interview on Tuesday.