Singapore-based cryptocurrency exchange company C.O.S.S. Pte Ltd. better known as Crypto-One-Stop-Solution (COSS.io) has announced Tim Grant as its new CEO. The news comes as COSS gets ready for their first token fee allocation to COSS token holders.
COSS conducted an ICO in August for its native ERC20 token and which is designed to generate revenues for holders on a weekly basis based on sharing transaction fees from COSS services.
COSS token volume has been increasing gradually, exceeding 2.8M during one day last week. Additionally, COSS is now traded on multiple outside exchanges including EtherDelta, HitBTC and of course the COSS Exchange itself. The team said the token will be listed on several other exchanges shortly.
Timothy M. Grant is an experienced business builder with more than 20 years of financial industry experience in derivatives trading, treasury services, fund management and venture capital. Tim started his career in trading and equity derivatives with major global financial institutions in the U.S.
Since returning to Singapore, he established a Monetary Authority of Singapore registered fund manager for a USD 200M discretionary long/short fund serving a family office. Tim has also focused on technology-led Venture Capital initiatives providing placement and exit strategies to the TMT, IT, IoT and FinTech sector companies.
“The privilege to experience a world where data integrity is the norm, auditable records are accessible to all and controlled by none, and valuations and mediums of exchange which foster a more equitable distribution of wealth for the whole world is a privilege no one should take lightly, neither the industry adopters, nor the investors, the speculators, and definitely not the regulators. At COSS we consider the opportunity to contribute to the crypto-economy such a privilege.”