Ex-CEO OKEx to Join Huobi

Chris Lee joined Huobi as a vice president of global business development
21 May 2018   1355

Chris Lee, former CEO of one of the world's largest bitcoin exchanges OKEx, will continue his career as vice president of global business development at Huobi.

I've officially joined Huobi group as secretary of the board of Directors & Vice president of International business development

With e combination of Huobi expertise with industry leading marketing & operational abilities, we WILL be biggest in the entire industry!
 

Chris Lee (Twitter)

Ex-CEO OKEx, vice president of global business development at Huobi

Huobi said that Lee will lead the group responsible for the strategy of global mergers and acquisitions, and will also oversee the international development of the exchange.

The news that Lee will continue to work in Huobi came just a week after he left the post of CEO of OKEx. As the exchange said then, he took this step for personal reasons, including the desire to "start a new life."

As noted by CoinDesk, in a public recording in WeChat, Chris Lee stressed that over the past few years, OKCoin (the former name OKEx) has been replaced by a whole group of top managers.

For my former employer, I have done all I could ... The first generation of OKCoin's international and management teams have left. How many of the second generation are still there? And how many CTOs have left in the last three to four years?
 

Chris Lee

Ex-CEO OKEx, vice president of global business development at Huobi

Earlier, the OKEx based in mainland China, where it operated under the name OKCoin and was one of the most popular trading platforms in the world. Under pressure from the Chinese authorities, the exchange subsequently moved to Hong Kong and continued to operate under a new signboard. 

OKEx Ex-CEO to Intend to Raise $40M

Funds are needed for the new exchange called ACDX, which will offer  futures, options, revocable bear/bullish contracts and more
06 February 2020   612

Andy Cheung, who until recently was the operating director of the OKEx cryptocurrency exchange, will open a new derivative trading platform ACDX by the end of the first quarter, CoinDesk reports. The exchange will offer its clients futures, options, revocable bear / bullish contracts, debt contracts and fixed coupon notes.

One of our main goals for the exchange is to provide retail investors with ... structured products that are more commonly used by accredited crypto investors and wealth managers.

 

Andy Cheung

Former chief operating officer at OKEx

In the future, ACDX plans to reach a global level, but first of all it will gather a client base in Asia, using the connections of Cheung and partners in Hong Kong and China. In preparation for the launch, she intends to raise $ 40 million through the sale of tokens and shares in her business to crypto funds, private investment firms and family capital management companies in Europe and Asia. 

We have over $4 million so far and most of the money comes from our own funds. We are in talks with potential investors and likely to announce new investments in the next two months.

 

Andy Cheung

Former chief operating officer at OKEx

To date, ACDX has hired more than 25 employees, including eight developers who are preparing the trading platform for launch.