Singapore crypto exchange Coinhako is recruiting to expand its presence in the Southeast Asian market

Singapore-based cryptocurrency exchange Coinhako is hiring in areas including institutional sales and trading as they seek to expand into the Southeast Asian market. Coinhako believes the market downturn is an opportunity to enter the digital asset space and boost business with large corporations and wealthy investors.

In an interview, Collin Cheong, director of business development, said Coinhako is “aggressively” hiring in areas such as institutional sales and trading as it seeks to boost business with larger companies and investors. wealthy, as reported by Bloomberg.

During the interview, Cheong pointed out that more forward-looking institutions will view this market downturn as an opportunity to get involved in the digital asset space by investing in the asset class itself or building the infrastructure needed to support the next stage. in the adoption of digital assets.

Cheong also revealed in the interview that the institutional subsidiary of Coinhako has seen more activity and interest from clients such as asset management companies and family offices based in Asia who are looking to access the digital assets.

Thus, Coinhako aims to expand into Southeast Asia and then more broadly across the region, he said.

This month, many crypto exchanges such as Coinbase, Crypto.com, Swyftx, and Hodlnaut are laying off staff due to vulnerable financial health caused by highly volatile market conditions.

Many cryptocurrency exchanges are facing an illiquidity crisis after the collapse of TerraUSD and Luna, followed by the reversal of hedge fund Three Arrows Capital (3AC).

However, Coinhako is not alone in defying the layoff trend in the crypto market, other companies like Binance and CryptoQuant are also adding jobs.

Created in 2014, Coinhako is one of the most recognized wallets in Asia.

Coinhako was created with a simple value proposition – to create an easy and hassle-free way to access Bitcoin. Over the years, the exchange has expanded to provide access to a wide variety of digital assets. The company aims to enable access to the crypto economy across Asia.

Coinhako is widely recognized as one of the easiest platforms for retail buyers, offering robust functionality, user-centric design, and simple trading processes, to provide secure and seamless access to a wide variety of cryptocurrencies. Coinhako is available on web browsers, App Store and Google Play Store.

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