The seasoned financial services leader joins Eqonex, a digital assets financial services company, as group chief technology officer.

Chris Ashe, based in Hong Kong, will lead all aspects of the Eqonex's technology strategy, planning and development, and joins the company's executive committee, the company said in an announcement on Monday.

Ashe has more than 20 years of experience in technology development and consultancy. He joins from Standard Charterd's virtual bank Mox,  where he was chief technology officer. He previously worked on a range of world-class systems including Australian online banking platform Netbank and online stockbroking platform CommSec.

Ashe succeeds Ray Hennessey, who has transitioned into a consultancy role to work on technology transformation projects within the organization, the announcement said.

Volume Growth

Last week, the company said that total spot and derivative trading volumes on its cryptocurrency exchange exceeded $5 billion over the past 30 days. 

Compared to the first quarter of 2021 and prior to the launch of its native exchange token EQO, which began trading in April 2021, volumes in June month-to-date are up over 12 times, according to Eqonex.

Full Range of Services 

Formerly known as Diginex, Eqonex Group encompasses a cryptocurrency exchange as well as an over-the-counter trading platform. It also offers a front-to-back integrated trading platform, Access Trading, a securitization advisory service, Eqonex Capital, hot and cold custodian Digivault, and asset management business Bletchley Park.

Eqonex CEO Richard Byworth said the firm is entering a «key new stage» in the development of its business, and will be offering more products and new functions for its customers.