Back to the list

Ex-Goldman, BlackRock Veteran Joins Crypto Trading Platform Apifiny as CTO

source-logo  coindesk.com 20 May 2021 15:32, UTC

Crypto trading platform Apifiny has hired a Goldman Sachs and BlackRock veteran to lead its technology division, the company announced Thursday.

Jason Jiang will serve as the firm’s chief technology officer as it plans to go public by the end of 2021 with trading, market making and mining. Prior to Apifiny, Jiang built low-latency, high-speed trading systems for the past 16 years.

In the latest bitcoin bull run, hiring from the world of traditional finance has ramped up in parallel with crypto’s market cap. Earlier this month, institutional bitcoin shop NYDIG poached the CFO of the world’s largest hedge fund, Bridgewater Associates. Apifiny’s CTO hire may not top that but it is certainly a continuation of a trend.

“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,” said Apifiny CEO Haohan Xu.

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 Markets 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.”