Xavier Kong · · 1 min readBlockchain firm appoints former PM of SG as special advisor
ChainUp, a Singapore-based blockchain firm, has hired the city-state’s former prime minister, Goh Chok Tong, as a special advisor to the company.
The firm’s board of directors includes other former senior government officials from Singapore as well, with Sang Kuang Ooi, chairman of Oversea-Chinese Banking Corporation, leading ChainUp’s board as chairman. Crypto exchange Huobi’s co-founder. Jun Du, will also serve on the company’s board.
The announcement was made on ChainUp’s fifth anniversary, where the company also announced the acquisition of licensed asset management firm Bedrock Trust, which is regulated by the Monetary Authority of Singapore.
The Bedrock Trust deal is expected to provide ChainUp’s clients with comprehensive digital-asset management solutions.
Founded in 2017 by CEO Sailor Zhong, ChainUp offers blockchain tech solutions in the form of both infrastructure development and ecosystem support services. The company offers its services in over 30 countries, with four other offices located in Japan, the US, South Korea, and Hong Kong.
The company also launched an NFT software-as-a-service trading system, Web3 infrastructure solutions ChainUp Cloud, a custody portfolio management system, and know-your-transactions services.
See also: National Gallery Singapore dabbles in blockchain and NFTs
Editing by Deepti Sri and Arpit Nayak
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