Former Jefferies Asia CEO joins Block.one venture capital arm

|By:, SA News Editor

Michael Alexander leaves Jefferies Asia to become CEO of Block.one's US$1B EOS VC venture capital arm.

Alexander is responsible for managing both direct venture investments and EOS VC partnerships, with a focus on sourcing and investing in projects developing on the EOSIO ecosystem.

EOS VC aims to develop and support the EOSIO ecosystem through venture capital investment, partnership, and mentorship targeting blockchain-based products and entrepreneurs worldwide. So far, it's allocated approximately US$700 million through VC partnerships in the U.S., Europe, and Asia.

Alexander was with Jefferies for just under eight years. Before Jefferies, he was group head of sales and sales trading at CLSA Hong Kong, director of Asian proprietary trading at Deutsche Bank Hong Kong, and head of proprietary trading at JPMorgan Hong Kong and Ord Minnett.

Previously: Crypto wrap: Block.one, ICOs, Blockchain, Binance and ATMS (June 2)

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