Switzerland-based venture capital firm Blockchain Valley Ventures (BVV) has appointed Thomas Amstutz as the Asia-Pacific Chairman to bolster its private wealth advisory services in the region.
Amstutz will be tasked with securing private capital into the blockchain industry with BVV being headquartered in both Switzerland and Singapore.
He has more than 25-years of experience from Credit Suisse where he was an executive board member and responsible for the investments division of the private bank, while he also has extensive experience dealing with hedge funds and family offices.
Upon his appointment Amstutz noted that BVV is “positioned smartly” in a growing area of corporate banking activities and early-stage blockchain investment opportunities.
He added: “It is an exciting challenge to help them grow with my extensive financial background as they continue to elevate their positioning as the market leader in the rapidly maturing industry.”
The appointment demonstrates the inroads blockchain companies are making within traditional finance, a stark contrast to when Bitcoin was launched 11 years ago.
Heinrich Zetlmayer, Founder and Managing Partner BVV declared: “On behalf of BVV and its Board of Directors, we are very excited to welcome Thomas to the BVV family.
“Thomas will immediately strengthen BVV’s ability to support family offices and private wealth managers by tapping into the opportunities of a rapidly maturing fintech and blockchain industry.
“We are very pleased to have Thomas join as Asia-Pacific Chairman, reflecting the growing adoption and maturity of blockchain across industries and geographies.”
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