Former FXCM Executive Joins Cryptocurrency Firm Paxful
A former FXCM executive has jumped ship to blockchain technology company Paxful.
Summi Kwan joined the peer-to-peer marketplace operator at the start of the year according to information publicly available on her LinkedIn page.
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Kwan will be heading up Paxful’s Asian sales team.
That means she’ll be responsible for managing the company’s sales operations in Asia.
Significantly, she will have to define the company’s strategy in the region and start establishing relationships with vendors.
On top of this, Kwan will support the sales teams’ entire process, from prioritising certain partners and structuring transactions to negotiating contracts and closing deals.
This is not Kwan’s first foray into the world of cryptocurrency trading.
Prior to joining Paxful she was Head of Sales at Biggs Capital – a Hong Kong-based firm which invests in blockchain and cryptocurrency projects.
During a five month stint with the investment company, Kwan was responsible for developing a global business development plan and conducting business analyses.
But before she joined Biggs Capital in August of last year, Kwan worked not in the land of decentralisation but in the world of foreign exchange.
More specifically, she worked for retail trading giant FXCM in the broker’s Hong Kong office.
Starting out as an institutional sales associate in late 2012, she was soon promoted to become a Senior Institutional Consultant and, in mid-2013, she moved to FXCM’s Shanghai office.
In that role she helped the broker’s institutional sales team in China and helped grow the company’s business operations in the world’s second largest economy.
After three and a half years, Kwan left FXCM to join another retail trading giant, ADSS.
As with her previous role at FXCM, Kwan was responsible for developing ADSS’ institutional business in East Asia.
Working as Vice President of Sales, she spent just over two years at the firm before joining Biggs Capital in August of last year.
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