Former Goldman Sachs Executive Joins MaiCapital Blockchain Asset Investment Company

According to an all-new press-release issued by Hong Kong-based blockchain investment firm ‘MaiCapital’ earlier today, the company has been able to rope-in Marco Lim, a former Goldman Sachs executive, as one of its Managing Partners.

On the subject of this latest appointment, MaiCapital co-founder, Benedict Ho, told a respected media outlet that Lim’s prime area of focus (in the near future) will be to administer that firms’ sales and marketing efforts.

“Marco will focus primarily on marketing and establishing strategic partnerships for MaiCapital and its group companies. His long-standing investment banking relationships and market experience should bolster MaiCapital’ leading position in the digital asset management space.”

At this point in the article, it is worth noting that before joining the asset management company, Lim worked as an executive at Goldman Sachs for a period of almost seven years. His role as an Executive Director there saw him look after the multi-national’s electronic fixed income as well as its currency and commodities business division.

More About Lim

Prior to his work at Goldman Sachs, Lim also served as a Sr. executive for Credit Suisse’s foreign exchange (FX) wing. In addition to all this, some of our readers may also remember Lim from his time in the retail industry. To be a bit more specific, during the early half of the previous decade, he worked for a multitude of big-name financial institutions including:

  • Deutsche Bank — 2-year tenure
  • FXCM’s institutional sales division — 3-year tenure
  • Oanda’s FX sales team — one year

    As mentioned earlier, Lim is joining MaiCapital at a time when the firm is starting to expand its outlook and focusing more and more on investing in today’s evolving blockchain/cryptocurrency sector.

Final Take

As many of our readers are probably well aware of, the past few months have not been kind on the crypto market. Not only that, but it is also worth remembering that despite the industry somewhat stabilizing post-November 2018, crypto trading volumes at large have reduced quite substantially (when compared to their associated figures from around 12 months ago).

Last but not least, since many retail investors have been turning away from cryptocurrency trading, a number of exchange platforms are trying to replace them by onboarding institutional investors who— when compared to retail buyers— have the power and resources to place a smaller number of ‘large volume trades’.

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