Former Deutsche Bank MD welcomes Yasuo Matsuda aboard on his cryptocurrency startup 22347
Madhurima Roy
Sep 4, 2018 at 11:32 PM

FXcoin Ltd., a cryptocurrency startup in Japan that was established by Tomoo Onishi, has welcomed Yasuo Matsuda as a senior strategist. Matsuda, as a senior strategist will be responsible for doing research on virtual currencies, reported Bloomberg.

Tomoo Onishi, the founder and Chief Executive Officer of FXcoin Ltd. was previously associated with Tokyo Foreign Exchange Market Committee and Deutsche Bank. He confirmed that Matsuda, who was a foreign-exchange trader at Deutsche Bank since 2012, will start working for FXcoin Ltd. from this month and will be sharing regular reports of the market.

With Onishi quitting his job as the head of currency sales at Deutsche Bank; hiring around 15 experts from banks including Deutsche Bank AG, Nomura Holdings Inc., Mitsubishi UFJ Financial Group Inc. and HSBC Holdings Plc.; and now, with FXcoin Ltd. seeking regulatory approval to exchange virtual currencies including Bitcoin, FXcoin Ltd. is going ahead with big strides. The CEO has even confirmed that the company even has plans to hire five more people from financial backgrounds once it receives its license.

As the Financial Services Agency of Japan is permitting companies to operate as cryptocurrency exchanges under a licensing system that was introduced on 2017, FXcoin can be an applicant to the license. In an interview, Onishi said: “We are trying to do all we can while we’re waiting for registration.”


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