(June 1): Riot Blockchain Inc, a Bitcoin infrastructure company, has hired investment banker Jason Chung from Nomura Holdings Inc as its head of corporate development.
Chung, until recently a Hong Kong-based managing director at Nomura, has joined Castle Rock, Colorado-based Riot Blockchain, the crypto firm said in a statement on Wednesday, confirming an earlier Bloomberg News report. He will also help on financing strategy.
The former banker has been working on mergers and acquisitions at the Japanese lender since 2014, first based in New York and then in Hong Kong, according to his LinkedIn profile. Prior to that, he spent about eight years with Societe Generale SA.
Riot Blockchain has the largest Bitcoin mining and hosting facility in North America through its subsidiary Whinstone US, according to its website. The company was a biotech testing equipment maker until it renamed itself in 2017 to reflect a new focus on buying cryptocurrency and blockchain businesses. It reported a...
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