Diginex boosts global coverage with new US team, led by Will McDonough

Diginex, a digital asset financial services and advisory company, has hired a nine-person team to expand its Americas business and meet client demands and opportunities in the region, led by Mr. Will McDonough. This comes as US regulations around the adoption of digital asset financial services are rapidly taking shape, providing clarity and a route for institutional investors to enter this emerging asset class.

“We believe it is vital to have a team on the ground with a strong network and background in scaling financial services and technology businesses, which is why we are delighted to welcome Will and his team to Diginex,” says Mr. Miles Pelham, Chairman of Diginex.

The team, who will integrate immediately, will be tasked with growing Diginex’s business throughout the Americas. Diginex offers blockchain solutions for corporate and governmental organisations as well as a full spectrum of blockchain-based financial services aimed at facilitating the adoption of this emerging asset class for institutions.

The team will be led by entrepreneur Will McDonough, whose career ranges from  sports management to global finance. This includes representing The Estate of Nelson Mandela, New England Patriots Quarterback and Super Bowl MVP Tom Brady, and supermodel/activist Gisele Bundchen. After building businesses at  Avenue Capital, Goldman Sachs, and Atlas Mara (ATMA:LSE), which he co-founded with former Barclays CEO Bob Diamond and took public in 2014, Mr. McDonough co-founded the blockchain business iCash,a smart contract adjudication protocol. Mr. McDonough will also assume the role of Vice Chairman of Diginex Group.

Mr. McDonough, Chairman and CEO of Diginex Americas, adds: “I’m excited to be joining Diginex at this point of its evolution. The Diginex team has developed an array of outstanding products and services, including their custody and asset management offerings, which we believe will be in high demand from institutional investors across the globe. As institutions continue to seek exposure to the fastest growing asset class in the world. Diginex is the best platform that I have seen with the global capability to attract traditional institutions to this transformative technology.”

Also joining the team will be Jonathan Malveaux as President, Americas. Jonathan is an investor, adviser and entrepreneur with 25 years of experience in the US, Japan, Korea and China.  Previously, Mr. Malveaux was a Director in Deutsche Bank’s Principal Finance group, Vice President at Credit Suisse in the Leveraged Finance and Restructuring Group and Lehman Brothers in the Leveraged Finance Group.

These new additions boost Diginex’s global reach, which now includes substantial presence in Europe, US, Middle East, Africa and Asia.

Mr. Richard Byworth, CEO of Diginex, added: “As a global company, it is impossible to ignore the potential of the US market. With so many of our products and platforms coming online over the next few months, it is essential that we are in front of as many partners as possible, the world over. This is the beginning of the next evolution in Diginex’s growth, and the calibre of talent that we continue to attract to the business is indicative of how transformational blockchain and digital financial services will be to the future.”

The Diginex Americas team now includes all functions including compliance, risk management, business development, operations and marketing.

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