Former Jefferies Asia CEO Mike Alexander to lead block.one’s US$1 billion EOS VC venture
Mike Alexander, the former CEO of Jefferies Asia, joined block.one – the seller of EOS token and publisher of EOSIO blockchain software protocol. He is supposed to lead its US$1 billion EOS VC venture capital arm.
According to Medium, he’ll be serving as the member of the Block.one Executive Committee from June 5. Alexander will be managing both direct venture investments and EOS VC partnerships. He will have to focus on sourcing and investing in projects developing on the EOSIO ecosystem.
“EOS VC aims to grow, develop and support the EOSIO ecosystem through venture capital investment, partnership and mentorship activities targeting game-changing blockchain-based products and entrepreneurs across the globe.”
So far, approximately US$700 million have been allocated through VC partnerships in the United States, Europe and Asia. Commenting on the appointment of Alexander, Block.one Group President Rob Jesudason, Mike has extensive experience in investment banking and he is one of the most respected individuals in the financial services industry in Asia. I am delighted he is joining the team.”
Alexander, who had been at Jefferies for nearly eight years and experience for over 25 years in Asia capital markets said that Block.one is shaping the next generation of technology and internet. He added, “The vision of its founders has resulted in it being one of the fastest-growing organizations in the world and I am excited to be joining. The company’s unique position as the publisher of the EOSIO open-source code means that it is poised to lead the way in investments related to the burgeoning platform.”
Before Jefferies, Alexander held the role of Group Head of Sales and Sales Trading at CLSA Hong Kong. He was also the Director of Asian Proprietary Trading at Deutsche Bank Hong Kong, and Head of Proprietary Trading at JPMorgan Hong Kong and Ord Minnett.
Image via Shutterstock
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