Singapore, Jan 23, 2021 /AlexaBlockchain/ – SGX listed OIO Holdings Limited and Moonstake’s partner has appointed Rudy Lim, former Head of FinTech at DBS Bank, as its new CEO at its blockchain business subsidiary, OIO Singapore Pte Ltd, effective 18th of Jan 2021 to accelerate blockchain business deployment and B2B (Business to Business) staking as a service solution.
In February 2020, Moonstake and OIO entered into a strategic business alliance to jointly own the Intellectual Property (“IP”) for staking-related products that Moonstake developed and to collaborate together in various business activities. After inking a business strategy and IT consulting contract between Moonstake and OIO in August 2020, OIO focused on enterprise sales of B2B staking products developed by Moonstake. Staking market cap that was 12 billion USD value in January 2020 has drastically surged in one year and now it is 190 billion USD. Rudy’s joining OIO Singapore Pte Ltd will enhance the business of Moonstake and its partners in this rapidly growing market.
Formerly the Head of Fintech in DBS Bank, Rudy was able to envision the need of striking modification in traditional banking from the rise of the digital economy. Driven by that foresight, he drove various business functions within the bank, analysis, market scans and partnerships to future-proof DBS’s position as the leading bank in Southeast Asia, as well as within the Fintech ecosystem.
As a Head of FinTech, Rudy led DBS Innovation to launch Startup Xchange, a programme to enable match the bank and its enterprise clients with startups and their technologies so as to find solutions to business problems. Since its pilot launch in 2018, Startup Xchange has successfully matched 21 start-ups across the bank and resulted in the successful roll-out of more than 10 emerging technology solutions.
Prior to joining DBS, Rudy was part of Singapore Press Holdings (SPH) venture investment and business innovation team, where he worked with start-ups from conception to funding the business models, thereby expanding SPH’s range of media and engagement platforms, Rudy also championed SPH’s media innovation thrust ideology into the marketplace.
Rudy Lim, new CEO of OIO Singapore Pte Ltd said:
“I am honoured to serve as the chief executive officer of OIO Singapore Pte Ltd, an extraordinary company with tremendous potential, having talented people and partners such as Moonstake at its core. We will build on this strong foundation to continue to drive performance and innovation across our products, while also serving as a trusted partner for our clients in today’s rapidly changing environment. For this to happen, we have to ensure that OIO continues to innovate and lead in our clients’ transformational journeys. Blockchain and innovation are two dominant forces driving change for our clients and must have the entire company’s undivided focus. My goal is to ensure that we meet these commitments to our customers, employees, shareholders and stakeholders through strong values, leading innovation and passion.”
Lawrence Lin, Moonstake CEO commented on the appointment of Rudy Lim:
“OIO is a key local partner, helping to accelerate B2B staking as a service and wallet solution for Moonstake in this fast-growing market. I look forward to the onboarding of Mr Rudy Lim, who with his previous experience and proven leadership capabilities, will make him an incredible asset to OIO and fasten the growth even further for Moonstake.”