Country for PR: Hong Kong
Contributor: PR Newswire Asia (Hong Kong)
Thursday, August 26 2021 - 21:31
AsiaNet
Former Vice-Chairman of Nasdaq, Sandy Frucher, joins OwlTing's board of directors
TAIPEI, Aug. 25, 2021 /PRNewswire-AsiaNet/ --

OwlTing Group, a blockchain technology company, announces that Meyer Sandy 
Frucher, a former Vice-Chairman of Nasdaq, has joined the company's board of 
directors. OwlTing's success in its home market in Taiwan has proven the 
company has a compelling value proposition that is ready for international 
competition. Mr. Frucher's appointment comes as the firm focuses on scaling 
globally. 

Mr. Frucher's service with Nasdaq began in 2008 when, as CEO of the 
Philadelphia Stock Exchange (PHLX), he negotiated it's acquisition by Nasdaq. 
Continuing on as Vice-Chairman of Nasdaq, he led Nasdaq's relationships with 
international exchanges, representing Nasdaq on the board of directors of the 
World Federation of Exchanges. He continues to represent Nasdaq on the board of 
the Options Clearing Corporation (OCC), where he is the longest-serving board 
director. 

"Stock Exchanges have enabled capital formation and job growth in the most 
developed countries, but far too many companies in the developing world have 
been left behind, unable to absorb the enormous costs of public listing or 
Environmental, Social and Governance reporting capabilities, and in some cases, 
simple payment systems. OwlTing's affordable blockchain solutions are 
game-changing for growing companies around the world. I'm excited to support 
the management team's global ambitions," Mr. Frucher stated. 

"Blockchain are systems of automated trust. This industry is in its infancy. 
Consumers and regulators alike are changing their expectations. Consumers want 
proof that their goods did not exploit vulnerable people and investors want 
proof that their portfolio companies are reducing their carbon emissions. 
Shortages and trade disruptions are causing companies to reconsider their 
supply chains and whether automation via smart contracts can improve their 
bottom line. Distributed ledgers and blockchain have transformative potential 
for a world with new expectations," said Mr. Frucher. 

OwlTing provides easy access to blockchain solutions for industries such as 
finance, hospitality, agriculture, logistics and mobility that share needs for 
cost-effective resilience and transparency in the digital era. 

OwlTing's strategic partners include SBI Holdings, the leading Japanese 
financial technology company, which placed a significant investment in OwlTing 
in 2018. 

Darren Wang, Founder and CEO of OwlTing said, "It is our pleasure to welcome 
Sandy to the OwlTing Group. Sandy's embrace of technology at PHLX was 
visionary, and his leadership at Nasdaq and in the global exchange community 
guided the transformation of capital markets in the internet era. We are very 
early in the blockchain era, only recently moving from predictions and 'hype' 
to applications in production. Sandy's experience in transforming capital 
markets and his global relationships will guide our growth strategy and add to 
our momentum."

About OwlTing Group

OwlTing Group is a blockchain technology company headquartered in Taiwan and 
has branch offices in the U.S., Japan, Singapore, Hong Kong, Thailand, 
Malaysia, and U.A.E.. Darren Wang, a serial entrepreneur and blockchain 
industry angel investor, founded OwlTing in 2010, and it has since received 
venture backing from leading VCs, including an eight-figure USD investment from 
the Japanese financial giant SBI Holdings in 2018. In 2019, OwlTing 
collaborated with U.S. companies, forming partnerships across borders to 
develop innovative blockchain applications. To learn more, please visit: 
https://www.owlting.com

SOURCE OwlTing Group



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   Caption: Meyer Sandy Frucher joins OwlTing's board of directors

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