Former Senior Executive of Deutsche Bank Cai Kailong Joins Bitcoin Platform Huobi.com, Says Report

Former Senior Executive of Deutsche Bank Cai Kailong Joins Bitcoin Platform Huobi.com, Says Report

Xu Wei

Date: Wed, 01/03/2018 - 18:34 / source:Yicai
Former Senior Executive of Deutsche Bank Cai Kailong Joins Bitcoin Platform Huobi.com, Says Report
Former Senior Executive of Deutsche Bank Cai Kailong Joins Bitcoin Platform Huobi.com, Says Report

(Yicai Global) Jan. 3 -- Cai Kailong, formerly of Deutsche Bank AG, joined China’s Bitcoin trading platform Huobi.com as its chief strategy officer, taking charge of the group strategy and the Huobi America. The platform will pay part of his salary in Bitcoin although the specific amount has not been revealed, online portal Sina.com said. However, Cai himself and Huobi.com denied speculation that his annual salary would reach 120 Bitcoins.

Digital currency represents the future, Cai said, adding the performance bonuses in the future might be paid in Bitcoins. Joining Huobi.com is the most powerful statement to show his optimism in Huobi.com and digital assets, Cai suggested.

A photo story uploaded on the internet this morning showed Cai has joined Huobi.com with a monthly salary of 10 Bitcoins. In response, Cai said the photo has been photoshopped. However, online portal Sina.com reported it with confirmation from Huobi.com that part of Cai’s salary will be paid in Bitcoins.

Cai once served as vice president in strategy and technology department of Deutsche Bank (US), manager of risk control in MXEnergy and assistant professor in the department of finance at Business School of University of Houston.

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Keywords: Huobi, Bitcoin, Salary, Cai Kailong