OIO Holdings Restricted (SGX: OIO) introduced the appointment
of Rudy Lim, former Head of FinTech at DBS Financial institution, as Chief
Government Officer (CEO) of its Blockchain Division, OIO
Singapore Pte Ltd. The appointment of Rudy, a FinTech
professional, is predicted to additional speed up OIO’s blockchain
Rudy has been a vocal advocate of the
challenges conventional banks are dealing with and the necessity for
important transformation because the digital economic system emerges.
Pushed by this foresight, he led Fintech innovation tasks
throughout varied departments at DBS comparable to analytics, market
analysis, and partnerships, which aligned with establishing
a number one financial institution in Southeast Asia, and he performed an lively
function throughout the Fintech ecosystem.
Because the Head of
FinTech at DBS, Rudy launched “Startup Xchange” to
facilitate startups in co-creating options to DBS enterprise
challenges, enabling them to match and value-add the financial institution
and likewise its potential company shoppers. Since its pilot in
2018, Startup Xchange has efficiently carried out over 40
proofs-of-concept with startups throughout the financial institution and
efficiently rolled-out greater than 20 rising expertise
Previous to his profession at DBS, Rudy was a component
of the enterprise funding and enterprise innovation group at
Singapore Press Holdings (SPH), the place he was concerned in
supporting startups from conceptualization to funding their
Rudy emphasizes his causes
for becoming a member of OIO as follows:
has the very best enterprise surroundings for blockchain enterprise,
with a gaggle of Singaporean authorities businesses launching a
new analysis program for blockchain expertise within the second
half of 2020 with a funding of S$12 million.
- 2021 is
a 12 months of nice progress in blockchain expertise and that
the expansion of the blockchain and crypto-asset market will
start from right here.
- As one of many first listed
blockchain corporations in Singapore, OIO is able to
take full benefit of the market surroundings.
has formally introduced that it has entered into
negotiations to accumulate Moonstake, one of many largest
staking suppliers in Asia.
of the Whole Share Capital in Moonstake Pte. Ltd. &
Moonstake’s crypto asset transaction
worth exceeds USD200M as of January 19, 2021, making it the
sixteenth largest staking pool out of 1692 suppliers in accordance with
Staking Rewards, a staking rating web site.
addition of Rudy to the group, OIO is seeking to increase its
enterprise into the funding and incubation space and can
actively purchase main blockchain companies comparable to
CEO Rudy’s feedback, “I’m very
honored to be appointed as CEO of OIO Singapore Pte Ltd, a
nice firm with proficient folks and nice potential.
Primarily based on this sturdy basis, we want to proceed
to facilitate product efficiency and innovation, whereas we
purpose to be a trusted accomplice to our clients in as we speak’s
quickly altering surroundings.
to take action, OIO should proceed to innovate and lead our
clients on their transformation journey. Blockchain and
innovation are the 2 main driving forces for our
clients’ transformation, and we have to concentrate on them
throughout the entire firm. My aim is to make sure that we absolutely
commit ourselves to our clients, workers and
stakeholders by means of sturdy values, main innovation and