Former HSBC Private Bank Finance COO, Enrique Melero has today been named as the newest advisor at Bitwala, who is repositioning its services by launching an equity token to develop a European based “blockchain-enabled bank”, further strengthening the bridge between traditional banking and crypto banking
Mr. Melero is bringing 25 years of valuable financial expertise and know-how to join Bitwala’s advisory board of experts in banking, blockchain technology, and entrepreneurship. Mr. Melero’s traditional banking background and understanding of blockchain technology will help Bitwala progress towards its goal of establishing a blockchain focused bank with decentralized ownership.
The move signifies the BitWala’s growth from a small fintech startup founded in Berlin, Germany. Mr. Melero’s experience and network in the traditional financial sector will help facilitate the next phase of growth – as a fully licensed bank with a suite of services and financial instruments for business and individuals.
“Bitwala has built a platform that is future-proof for a world in which fiat and cryptocurrency will coexist, it is a traditional bank with a crypto-first approach that is re-engineering how we use banking services. Its an honor to be advising a European company that plays a pivotal role towards a new era in banking.”
Bitwala provides international money transfer service that enables business owners and individual to transfer Bitcoin, Ether, and over 60 other Altcoins into 22 local currencies, including EUR and GBP The service has a strong global community of over 57,000 private and business users in 120 countries.
“Enrique’s banking expertise and crypto knowledge is a huge asset to Bitwala’s advisory board. His guidance will help us make the interface between crypto and fiat currencies robust and feel like second nature to any user.