AS part of its digital asset industry development, Gambit Custody Sdn Bhd has unveiled the appointment of Melvyn Ho as its co-founder and chief operating officer (COO).
This strategic move reflects Gambit Custody’s commitment to staying at the forefront of the digital asset custody landscape.
Widely recognised for his pivotal role as the former deputy CEO of MX Global Exchange – one of Malaysia’s five licensed digital asset exchange – Ho brings a wealth of expertise and regulatory compliance to his new leadership position.
In fact, his transition to Gambit Custody marks a momentous shift in the digital asset custody sphere. Ho’s esteemed reputation cultivated during his stint at MX Global Exchange solidifies him as an industry luminary.
With a distinguished career characterised by a deep understanding of regulated digital assets and blockchain technology, Ho is poised to play a pivotal role in shaping Gambit Custody’s trajectory.
His strategic foresight aligns seamlessly with Gambit Custody’s ethos of innovation through collaboration. “I see significant opportunities in this space as regulators worldwide strive to establish robust frameworks for user protection,” opined Ho.
“Supporting innovations that foster resilient companies and blockchain projects is crucial for enhancing public confidence. However, it’s more important to emphasise that at the core of any innovation or user protection initiative is a secure storage environment of digital assets which I believe Gambit is working towards.”
Gambit Group CEO Datuk Clifford Hii attests to Melvyn’s experience in navigating regulatory frameworks within the digital asset space.
According to him, Ho’s addition underscores Gambit Custody’s unwavering commitment to adhering to strict regulatory compliance, hence “further solidifying our position as a trusted digital asset player in the industry”.
Acknowledging the nuanced regulatory landscape of the digital asset industry, Ho’s appointment indeed underscores Gambit Custody’s unwavering commitment to regulatory compliance.
“His experience in navigating regulatory frameworks positions Gambit Custody as a trusted custodian operating at the highest standards,” added Hii. – Feb 5, 2024
