Lim is also a vice president of China Overseas Holding Group, a Board of Director of Virtual Currency Philippine Inc., a Malaysia Myfintech Foundation Board of Trustee and CEO of Golden Fortune Shenzhen Inc., a public listed company in Shenzhen, China. Under his portfolio projects, He is responsible for Corporate exercise, Pre-IPO, implementing investment strategy and managing portfolio trading activities to provide the best returns to investors and stakeholders. He has access to numerous global fund managers across the board, in the US, Europe, China, Hong Kong, Singapore and Malaysia. He has extensive finance and fund management experience and is instrumental in turnkey and financial solutions for Silverbear's private clients. Lim is a partner at the investment banking firm, Silverbear Capital Inc. He is also vice president of (UTIC) LianXin Holding Finance Shenzhen Group. Lim is the Co-Founder of the World Glove City Project in Malaysia. Dato' Sri (Desmond) Lim, Senior Vice President of Cryptocurrency Operations. For press release, sponsored content, and other advertising options, click here.Mr.If you like what you read here, please consider subscribing to our newsletter!.The expansion will be catering toward other local languages and focused on bringing about even more opportunities as the number of traders grow on the platform.įor any information and updates, users may follow VHCEx Telegram channel at, or any of VHCEx’s other social media channels for all the latest announcements and new information available on the platform. VHCEx has a strong base in Philippines, Malaysia, South Korea, Thailand, Japan, and Vietnam, with other expansion plans in the pipeline. The exchange will then use the borrowed coins or tokens for other margin facilities and other revenue-generating services along the way.Īs a whole, VCPI has some interesting growth plans for VHCEx and its users in the upcoming future. Security lending would provide users the option to lend their digital assets back to the exchange platform for a secured fixed fee. Ocampo said.Īmong the future plans of the exchange, is cryptocurrency – security lending. The Philippines has the potential as a use case in transforming an underbanked society into a fintech utopia”, Mr. Awareness and education are keys to adoption. “We want to create and offer a platform that will enable underbanked Filipinos achieve their aspirations through digital asset investing. Mac Ocampo was previously Marketing Head for APAC of Paxful, a peer-to-peer cryptocurrency exchange in Estonia with offices in Manila, Hong Kong, and New York. Jenn Lim has also appointed Mac Ocampo as VCPI’s Chief Operating Officer to spearhead the growth and success of VHCEx in the Philippines. With everything in place, VHCEx can now focus on the expansion of features and growing the markets for its users.” The president of VCPI, Jenn Lim says that “The main priority was to ensure the platform is licensed by reliable governing authorities available in the Philippines. HWGC is a stable token which allows users to easily trade or use as a secure transfer of value without being affected by the volatility of the market. The HWGC token is pegged to the US dollar at a 1-to-1 ratio. The exchange has also adopted a new token called HWGC. At the end of the free-fee trading period, a variety of discounted trading options will be made available on the exchange to ensure users will be able to continue trading with minimal impact. On top of that, VHCEx users currently enjoy 0% trading fees on the exchange platform up till May 20 th, 2019. VHCEx currently offers a variety of cryptocurrency to fiat pairings and also has an over the counter (OTC) platform that opens up more trading opportunities for its users. The company’s licensed exchange is branded as VHCEx, and is now among the first few cryptocurrency exchange platforms that are licensed in the Philippines. Its board is made out of three other members which consist of Its chairman, Pehin Sri Datuk Seri Dato’ Lim Hui Boon, Datuk William Teo Tiew, and Dato Desmond Lim who are the treasurer and director of VCPI, respectively. Dato Sri Desmond Lim, Interim CEO and Senior Vice President of Cryptocurrency Operations for NSAV stated, 'We will continue to pay close attention to the U.S. It is headed by Jenn Lim who is the president of the company, along with H.E. VCPI is a roaring start-up that was established in 2018 to bridge the gap of cryptocurrency investments and the world of fiat currency. Manila – On January 21 st, 2019, the doors of the Virtual Currency Philippines Incorporated (VCPI) headquarters will be officially opened in Pasay City, Metro Manila.
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