Ex-head of Morgan Stanley Asia joins crypto startup

Ex-head of Morgan Stanley Asia joins crypto startup

Jeffrey Wang, who used to be head at Morgan Stanley, has joined a crypto company run by his former colleagues, part of a thriving group of ex-Wall Streeters taking a shot in the volatile world of digital assets.

Wang will work out of Vancouver as leader of Americas for Shenzhen, China-based Amber Group. He beforehand worked with four of Amber’s five founders at Morgan Stanley; two of them, Wayne Huo and Tony He, directly reported to him.

After taking the past three years off, Wang said he was enticed back to the position of a full-time market by the interest of working in a fast-growing nascent industry where infrastructure is being built on the go and where a background in professional finance can be a big advantage.