UAE-based Cypher Capital appointed Bill Qian as the new chairman of its board of directors.
Qian has more than 15 years of industry expertise in managing and investing over $20 billion.
He was the Global Head of Fundraising, Binance Labs, and M&A for Binance before joining Cypher Capital.
"Several initiatives are in the works for Cypher Capital," Qian said. "Included are a venture studio, joint ventures in different crypto verticals, and a co-working space located in Jumeirah Beach Residence (Dubai, UAE) - allowing founders to resolve critical challenges from anywhere in the world."
Cypher Capital is a multi-strategy crypto investment firm, covering venture capital, public markets, nodes, mining and more. It is building a 10,000 sq. ft. hub for crypto and blockchain startups that is set to open in the fourth quarter in Jumeirah Beach Residence.
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