Diginex chief on taming the Wild East of cryptocurrencies
Singapore-based digital exchange wants to bring respectability – and regulation – to the sector
The chief operating officer of a large global asset manager shakes his head when asked if the firm has any exposure to bitcoin, which is up nearly 175% versus the US dollar year-to-date.
“We are prepared to allocate client money to new assets where we can properly model them, or where a third party offers some assurance that we’ll get the money back,” the COO explains.
Diginex, a Singapore-based exchange for digital assets, is aiming to give investors that assurance.
Richard Byworth, the firm
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