NEW YORK, NY / ACCESSWIRE / July 18, 2018 / A serial crypto entrepreneur and seasoned investor in the Blockchain, Aries (Wanlin) Wang is always on a fast-paced upswing. Within a year of co-founding Bibox digital asset exchange, Wang has led the team to bring the exchange to a top ten position on CoinMarketCap and the exchange now has become a staple of the crypto world. In ten months, Bibox reached a stable daily trading volume of $20 million to $40 million, with its delicate selection of tokens, the current valuation of the company is at an astounding 50 million USD.
While developing Bibox exchange, Wang joined BlockWater Capital and went on investing in top-tier projects. BlockWater Capital is the one of the largest blockchain fund in Korea and Aries Wang is the only partner from outside of Korea. With the strong belief that the current disruption of crypto-economics and blockchain is only the beginning, BlockWater Capital developed a diversified high quality portfolio, and was an early investor in Fusion (fusion.org) and Fantom (fantom.foundation). Those two promising projects are the examples of his team's vision. Speaking of the first impression on the project, Fantom is the world's first DAG based Smart Contract platform that solves the scalability issues of existing public distributed ledger technology. Needless to say, the early discovery of such a project is exhilarating for him. Wang's vision of investments is deeply rooted in the long-term value of each project. For the generation he is in, the understanding and utilization of technology is more organic than traditional investors. And this belief in long-term value investment instead of short-term speculation of price is a view appreciated by the team Aries belongs.
The road winds up and down in the crypto world, to keep afloat and march ahead, one must have a clear mind and steady hands. Along the road, Wang also founded Bibox Fund that had an impressive portfolio including EOS, Ncash, AELF, CORTEX, TRINITY, UUU, BU, HPB, PCHAIN, BOTTOS and many more. Among those, some of them had a shocking 100x returns. The strict vetting and careful selecting process of projects go together with the kind of boutique exchange Bibox had achieved to be.
This year, Wang is also serve as a visionary of a crypto finance ecosystem backed by Wall Street veterans- investre.io. Investre.io aims to bring a unitive scalable transaction, settlement, and clearing solution to the scattered crypto market. In June, Investre.io formed a crucial partnership with Makor Group and its crypto brokerage division, Enigma Securities. The partnership will allow Enigma Securities to provide better service to its institutional clients through Investre.io's focus on the investment needs of institutions, namely crypto financing, transactions and facilitation of the hedging tool. Transactions are protected by a dynamic digital asset collateral management system. The oracle style mediators monitor the market price of digital assets and adjust the amount of collateral required. This mitigates the counter-party risk and boosts capital utilization, both of which significantly impact the investment decision making of institutions. The on-chain infrastructure also provides a new technology backbone to traditional financial clearing and settlement products. In a trust-less framework, traders no longer rely on real-world business relationships to operate. A reduction in operational expenses linked to the current, costly clearing process can also lead to savings.
To honestly express and reflect his experience on the crypto industry, blockchain technology, and token economics, Aries Wang will release his book, Crypto Economies soon this year. It is definitely worth the excitement for us to see an insider's thought and perspectives from himself with first hand industry experience and front seat view. Several days ago, Wang had a meeting with the Winklevoss twins. At this rough time of the market, the Winklevoss commented, "Volatility is really in the eye of the beholder. If you are a trader or market maker, volatility is a good thing. If you want to use bitcoin as a payment, then volatility is challenging. If you are a long-term value investor and the price moves in the right direction over the long-run, short-term price movements aren't important." Aries' shares the vision with Tyler and Cameron Winklevoss and has had an interview with the founders of Gemini exchange for his new book. We will stay tuned for something big that is bound to happen.
SOURCE: Bibox
