Lausanne-headquartered Metaco has opened a Singapore outpost to boost support for institutional partners in the region.
Metaco's has opened its Asia-Pacific headquarters in Singapore, and appointed a pair of industry stalwarts who are no strangers to the region, according to an announcement on Tuesday.
Newly appointed managing director, APAC, Patrick Enjalbal will head Metaco's regional operations, supported by senior sales advisor Martin Frick.
In addition to the senior appointments, Metaco's APAC headcount in business development and operations has increased significantly, with further expansion expected in the coming months, the announcement said.
Experienced Team
Enjalbal is a former director at Singapore-based financial technology consultancy, Luxoft, and brings over two decades of experience advising and managing the successful deployment of institutional-grade financial technology solutions, including at Sofgen and Steria.
Frick was previously the APAC managing director of banking software provider Temenos, stepping down last year after seven years at the firm. He later joined Singapore-based insurtech company 360F as a senior advisor. He was previously Avaloq's APAC managing director and held senior roles at UBS, Raiffeisen Bank, and more.
Strong Demand
«Metaco continues to grow at a significant pace, and this expansion will enable us to cater to high levels of demand in the region, as well as continue offering best-in-class services to our existing APAC customers and partners,» Andre Israel, COO, said in the announcement.
Founded in 2014, Metaco operates an orchestration system for digital assets. Its «Harmonize» platform provides cryptocurrency custody and trading, tokenization, staking and smart contract management.
