Jay Ryu departs Draper Athena for HBUS

HBUS, the exclusive US strategic partner of digital currency marketplace, Huobi, has appointed Jay Ryu as Vice President of Corporate Development.

Ryu previously served as the Venture Capital Director at Draper Athena, where he led technology investments across Silicon Valley, Asia, and the Middle East, while working with portfolio companies on operational and strategic initiatives.

He is also founder of Rage Partners, an investment and strategy consulting group representing global family offices and venture minded investors in the sports, entertainment, and agribusiness sectors. And he has served as Managing Partner and strategic advisor of Checkmate Capital, a private equity group focused on life sciences and energy technology.

“Jay has worked alongside some of the biggest names in the VC community, including Tim Draper, who has long been an advocate of digital currency and blockchain technology,” says Frank Fu, CEO of HBUS.

“He brings with him a unique perspective on investment and business development, and has a keen eye for identifying and developing up-and-coming talent and companies. As blockchain technology has matured and projects are seeing more traditional VC funding, Jay’s experience will help us identify strategic acquisitions and opportunities.”

“Today’s blockchain and cryptocurrency landscape is drastically different than what we witnessed last year,” says Ryu.

“The community is rapidly maturing and with that, many more institutional investors have entered the market. HBUS stands at the forefront of this next wave of blockchain innovation, and I am excited to lead our efforts as we become the top US digital currency exchange with a diverse array of products and solutions for these investors.”