Eqonex Hires Five

Singapore-based digital assets services company Eqonex has made five hires to its business globally, citing exponential growth of institutional demand for crypto assets.

Alex Phillips has joined as group head of sales. He joins from Dymon Asia Capital, where he was head of trading, for the past six-years. Prior roles include head of trading for Asian markets at Millennium Capital Partners and global equities and derivatives sales and trading at BNP Paribas, Martin Currie, and RBS.

Malcolm Baker is joining as head of group sales for the European region. He joins from FX FWDs, a consultancy firm he founded, prior to which he worked in trading roles for a variety of banks and buy side firms, most latterly with futures prop trading firm OSTC. He also spent almost three years at CME Group as head of FX and interest rate product development.

Matthew Allott has been appointed as asset management head of sales. He joins from Optimus Trading, a family office, where he had responsibility for managing around $200m in AUM across derivatives, commodities, and digital. Allott has previously held investment management positions in the United Kingdom and Russia.

Metin Simsek has been named as head of investment products for Germany, with responsibility for sales and distribution within this market. Simsek spent more than a decade in equity derivative sales at UBS Investment Bank, as well as four years with HSBC.

Finally, Bjorn Rosendahl has joined Eqonex as the head of sales for custody. In his most recent role, he was head of custody of EMEA at JP Morgan International Private Bank. He also previously held positions at Pictet Group, Reuters, and Deutsche Bank.

“Institutional participation in crypto is at an inflection point,” says Richard Byworth, CEO of Eqonex. “Our institutional clients and professional crypto traders want to work with experts they can trust, and our investment in highly experienced professionals reflects our commitment to delivering a best-in-class, compliant and transparent cryptocurrency platform.

“Over the past three years we have built an exceptional one-stop shop for crypto and digital assets,” he continues. “With last week’s announcements of the new marketing hires and with Alex and the team being put in place this week, we are now well positioned for the next phase of growth. It is time to show the world the quality of the Eqonex group offering.”