The former Hong Kong chief executive of Saxo Bank resurfaces at a digital asset platform provider.
OSL hires Matt Long as its head of distribution and prime brokerage, effective immediately, with oversight of both institutional and «software-as-a-service» (SaaS) white-label sales.
Prior to his stint with Saxo Bank as its Hong Kong CEO, Long was with ANZ from 2011 to 2016 were he held multiple senior global roles including global head of structured origination; head of equities, APAC, Europe and Americas; and Asia head of wealth distribution. He also spent nearly eight years with Macquarie in senior regional roles such as Asia head of equity series sales and Singapore head of equity markets.
Quadrupled Revenue
OSL posted a 386 percent year-on-year surge in revenues in the second half of 2019 which was attributed to an effective «institutional-focused strategy». Following the near quadrupling of its revenue, OSL’s Hong Kong-listed parent BC Group raised $36 million from a share placement signaling a promising outlook in the digital asset market.
«Digital asset market infrastructure is going through a rapid changing of the guard,» said BC Group CEO Hugh Madden in a statement. «Licensing frameworks in every major jurisdiction are rewarding only the strongest and most professional operators, and these firms will continue to capture market share from unlicensed players.»
