Liquify, a platform that provides “tokenization solutions,” has just brought on Jerome Chung to its advisory board, a press release notes.
Chung comes from a real estate and finance background, and should bring great insight to the Asia-based platform.
Speaking on the matter is Adrian Lai, the CEO of Liquefy, who had said:
“Liquefy started off as a technology provider of tokenization solutions. but our vision has always been far broader. Our company started from the notion that value is locked up in illiquid assets such as real estate, and that blockchain technology could unlock this value via digital fractional ownership. However, the advantages of blockchain, such as operational efficiency, automation, and data transparency – all based on data secured by a distributed ledger – are not limited to investment in illiquid assets. We are talking about a technology that can streamline processes, facilitate cross-platform data sharing, all while protecting an enormous amount of information against unauthorized access and tampering. Over the last year we have focused on building up use cases in the specific area of real estate tokenization, and our capability has grown to a level where we feel ready to explore broader applications of blockchain in finance. We are privileged to have Jerome as our advisor. He not only brings substantial experience in real estate and finance from his extensive career but is also fiercely committed to nurturing entrepreneurship and professional development. His insight will be invaluable to us as our company moves into a new stage of growth.”
Jerome comes from a storied past, with experience at KPMG’s Deal Advisory team, director at the Asia Pacific branch of BlackRock, and even assisted in the real estate industry in Hong Kong and Southern China.