San Francisco. 17th April 2019 — Ampleforth, a digital asset protocol for producing smart commodity money, has appointed Richy Qiao as its Chief Business Officer. In this role, he will lead development of Ampleforth’s partnerships both domestically and abroad.
Qiao is currently a Venture Partner at digital asset management firm FBG Capital. He brings experience both as an investor in the crypto space and as an operator within the traditional financial services. He previously spent time at Strategy&/PwC, leading strategy consulting projects across major Wall Street and Main Street banks, clearing and settlement firms and payment companies.
“Through my time at FBG, I’ve examined and interacted with nearly a hundred projects – Ampleforth shines as one of the most ambitious visions, paired with a heaping dose of realism,” says Qiao. “They understand that in the short-run, cryptocurrencies are a new and uncorrelated asset class, but have a vision to leverage today’s reality in order to redefine fairness tomorrow.”
To further scale its go-to-market efforts, Ampleforth has hired Simon Manka as the company’s Head of Growth.
“Synthetic commodities are a new tool that certainly has a place in modern portfolio constructs,” says Manka. “Amples would serve a purpose unfulfilled by traditional assets in a way that current-generation digital assets cannot. We believe the blockchain community counts on projects like ours to push the envelope and innovate in the field.”
He brings years of sales and growth experience in cryptocurrency from IOSToken (Binance: IOST), a top 50 coin by market cap, and in tech from Waypoint Building Group, and Hightower Inc, which was acquired by VTS, a real estate industry leading leasing and asset management platform.
“We are truly excited to be working with Richy and Simon, they are both talented individuals with exceptionally rare skill-sets. Together they are perfectly suited for launching and growing the Ampleforth network.” says Evan Kuo, CEO of Ampleforth. “We need committed individuals with tenacity and vision to build out such an ambitious product, and we are getting that much closer with them onboard.”