Wealth managers appear to be getting more active in the cryptocurrency and associated space.

Valour, the Swiss-based issuer of investment products tapping into tech such as crypto assets, has appointed former HSBC Private Banking global head of innovation, Diana Biggs, as chief executive. 

Biggs will lead the company’s expansion following its launch of Bitcoin Zero, Valour’s Bitcoin (BTC) exchange traded product. 

Prior to her HSBC role, Biggs was vice president, head of growth and partnerships, EMEA for digital currency platform Uphold, chief strategy officer for e-commerce start-up Soko, and a management consultant at Oliver Wyman Financial Services.

Among other roles, Biggs is an associate fellow at the University of Oxford’s Saïd Business School and served as head tutor for its Blockchain Strategy Programme from 2018 to 2020. She is on the board of the World Economic Forum’s Digital Leaders of Europe community, and is a member of the Milken Institute’s Young Leaders Circle.

“Making finance and technology more accessible has been a key focus all my professional life,” says Biggs. “So I’m delighted to have the opportunity to lead Valour in enabling investment in the latest innovations in the sector, such as digital assets, through mainstream channels.”

In December, Valour launched Bitcoin Zero, which trades on the NGM stock exchange. The company, which was founded in 2019 and is based in Zug, now has just shy of $30 million in assets under management. 

Wealth managers appear to be getting more active in the cryptocurrency and associated space. This news service recently spoke to Nickel Digital Asset Management about developments, and see also this article here.