31.01.2022 – 21:10
CTH Group, a leader in blockchain and digital assets, and its sister company Atlas Technology Management Pte. Ltd (Atlas), one of the world’s largest application-specific computing companies, today announced the appointment of Maggie Sun as Chief Financial Officer for both companies.
CTH Founder and CEO Raymond Yuan stated, “I am delighted to welcome Maggie to this pivotal time for our businesses. As we prepare for rapid global expansion, we will benefit tremendously from her extensive knowledge and proven track record to improve our finance practice. Maggie’s experience in the capital markets will also allow us to weigh private and public fundraising options to fuel our ambitious growth.”
In addition to managing Atlas’ day-to-day financial reporting and strategic direction, Sun will oversee the financial operations, including strategy, performance reporting, capital markets activities and investor relations, of the group’s venture capital firm Fundamental Labs and digital asset-focused wealth manager IDEG.
“I am pleased to assume the positions of CFO for CTH and Atlas, two companies that are in the important phase of expanding their global presence in the blockchain and digital assets ecosystem. Blockchain technology is driving extraordinary innovation and value creation in our daily lives, and I’m excited to be a part of its growth. Atlas has the potential to be one of the world leaders in its field and I welcome the opportunity to share its story with the capital markets,” said Maggie Sun.
Sun is a seasoned executive with over 20 years of global financing and capital markets advisory experience, having worked in New York, Silicon Valley and Asia. Prior to her position at CTH, she was a partner in the operating group of SoftBank Investment Advisors (“Vision Fund”). She was previously a partner at Ernst & Young and PwC.
Atlas has experienced unprecedented growth in 2021 and is pursuing aggressive hiring targets to meet its expansion goals in 2022. Yuan added, “The blockchain sectors are growing, and new professionals are in high demand. In addition to strengthening our leadership team, we continue to hire new employees across all of our businesses. Fundamental Labs and IDEG are attracting significant interest from diverse high achievers looking to leave traditional finance, and Atlas is hiring high caliber executives from around the world.
About the CTH Group
CTH Group is a leader in the blockchain and digital assets space. Pursuing a distinctive strategy, we have established a triangular business structure consisting of venture capital investments, high-performance computing and wealth management focused on digital assets. We provide value, operate distributed computer networks and connect mainstream capital with the new asset class. Founded in 2016, our company operates in multiple countries and regions, covering the major innovation hubs in the blockchain ecosystem.
Information about Atlas
Headquartered in Singapore, Atlas is a technology group providing a wide range of value-added services including high-performance computing, application-specific computing, hosting and cloud services, hardware sales and related consulting services.
The company’s main source of revenue is maintaining and deploying computing capacity on blockchain networks. Atlas currently operates high-performance computing facilities in North America and Central Asia and plans to expand operations into Northern Europe and/or South America. Atlas is one of the largest Application Specific Computing (ASIC) companies.
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Original content by Atlas, transmitted by news aktuell