Andrew Loong joins the exchange from a digital family office in Singapore.
![The modern business architecture of Exchange Square framing the gleaming tower of One Exchange Square, home to the Hong Kong Stock Exchange, China. ProPhoto RGB profile for maximum color fidelity and gamut.](https://s34456.pcdn.co/wp-content/uploads/2021/03/hkex-1-640x360.jpg.optimal.jpg)
Andrew Loong joins the exchange from a digital family office in Singapore.
The transaction is among the first ever global blockchain-based transactions involving multiple jurisdictions, UBS said.
Family offices and asset managers in Asia are showing growing interest in cryptocurrency and blockchain, Cerulli found.
The ever-wider business application of the blockchain ledger system offers investment opportunities way beyond cryptocurrencies, according to BNY Mellon Investment Management (BNY Mellon IM).
The BNY Mellon Blockchain Innovation Fund is available to retail investors in Singapore.
It has also attracted investment from Wealthking to expand its business.
Morningstar Sustainalytics released a report that aims to help investors evaluate ESG issues related to applications of blockchain in public equities markets.
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