Koine Money Ltd, London based provider of institutional grade custody and settlement services for digital assets recently revealed that it has made a new addition to its senior level management team. As per recent statement released by the firm, it has hired Mr. Martin Halblaub to serve as Chairman of its advisory board and is set to begin starting 1st January 2020. The statement also revealed that this is the first in plan for series of hiring members for its global advisory board. The advisory board which is set to be formed is aimed to support the company as it continues on its growth trajectory and will leverage Mr. Halblaub’s vast experience to help guide the company. Mr. Halblaub is currently serving as Managing Partner at High Performance Boards a firm he established six and a half years ago. Prior to his term at High Performance Boards, he served at SIX digital Exchange four nearly four years.
He joined the firm as a senior advisor to its Chairman and was promoted to the role of Chief Executive Officer in 2018. During his term at SIX digital exchange, he helped shape the firm’s strategy, business model and also helped build a strong management team. However, he stepped down from his role as Chief Executive Officer over strategic differences which arose over his plans to launch SDX as an independent company which was declined by the board of SDX’s parent firm SIX group. Aside from Martin, the newly forming advisory board will be made up of executives from Societe Generale, EY, Bacs Payment Schemes, Bank of England and several other industry leading financial service providers. Some of his other major notable roles include – Board Member at Norddeutsche Landesbank, Senior Advisor at Deutsche Wertpapier Service Bank AG, President at Hannover Stock Exchange, Head of Global Markets at HSH Nordbank and Head of Risk Management at LBBW.
Commenting on his role at the firm, Martin said, “Koine’s value proposition enables the smooth movement of today’s financial markets frictionless into the digital age, and their industry-grade technology and the business acumen of their outstanding team are an ideal starting point to create value for all market participants. I look forward to being part of this journey and supporting Koine as they roll out globally their digital asset custody and settlement platform”. Speaking on same note, Phil Mochan – Founder & Head of Strategy/Corporate Development at Koine added, “Koine brings together experienced capital market professionals with entrepreneurial spirit to create digital infrastructure solutions for market participants seeking to win out from the digital transformation process. As the former CEO of SDX, the Swiss-based digital exchange established by SIX, which has pioneered the entry of digital assets into the institutional market, Martin has the insight, know-how and reputation in bringing digital assets and money to the institutional capital markets and supporting incumbents with their digital transitions. He is a fantastic addition to our team”.
