- Former FTX executive, Zhe ‘Constance’ Wang joins crypto venture capital firm Sino Global Capital.
- Also, you should know that Sino Global Capital has been a very early investor in FTX along with Wang’s hiring comes after FTX’s collapse and bankruptcy.
So, you should always know that Zhe ‘Constance’ Wang is the one who served in several executive-level roles at Sam Bankman-Fried’s FTX before the collapse of the entire digital asset exchange. Additionally, she is also the one who has joined the crypto venture capital firm Sino Global Capital. Also, at Sino Global, Wang is the one who leads the entire gaming team as per Matthew Graham, an investor who founded Sino Global in the year 2015.
Constance Wang FTX Executive At Sino Global In Crypto Crisis
So, as per some reports and records, Wang is the one who held key roles at FTX and she is also the one who served as the Chief Operating Officer and Co-CEO of FTX Digital markets. There were many responsibilities taken by her like overseeing the entire global business expansion, public relations, token listings, and marketing efforts.
In November, Wang’s move to Sino Global Capital after FTX filed for bankruptcy led to a subsequent investigation into its operations. Matthew Graham was the one who founded Sino Global in the year 2015 and he was also the one who revealed that he is an early investor in FTX.
This is also the firm that launched a $200 Million fund with FTX and is a significant investor. Also, the collaboration between Sino Global Capital and FTX always aimed to support the vision of FTX along with assisting its growth as a very prominent player in the entire crypto industry.
Also, the bankruptcy filing by FTX has a very important impact on its entire operation and financial stability. After following the FTP’s collapse, Wang was the one who spent most of her time in China and her final move to Sino Global Capital indicates her continued involvement and interest in the crypto space.
Let me tell you that Wang’s expertise and experience in executive roles at FTX always make her valuable addition to the venture capital firm which also focuses on investing in promising crypto-related projects. You must have observed that Wang’s new position at the Sino Global Capital was her first beginning in the entire crypto industry. Just by looking at her, there were also other former FTX executives who were making moves.
Recently, Amy Wu who was the previously led FTX venture joined Menlo Ventures which is a very well-established venture firm and it is based in Silicon Valley. Additionally, FTX founder Sam Bankman-Fried is the one who is currently under house arrest and awaiting trial after pleading not guilty to a range of charges.
Additionally, you should know that the bankruptcy of the entire organization or a company was once a prominent and widely used platform for trading digital assets. Also, the legal proceedings surrounding the collapse have already underscored the challenges faced by the crypto exchanges.
So, last but not least, Amy Wu who left Lightspeed venture partners just to lead FTX ventures said that she recently joined Menlo Ventures which is considered Silicon Valley’s oldest venture firm. You need to make sure that all the information given here is as per the general market commentary and yes, there is no constitute investment advice.