Home Venture Capital Bill Qian Joins Cypher Capital as New Chairman

Bill Qian Joins Cypher Capital as New Chairman

by CULTURETECH

Following its undeniable success since launch and as part of its expansion strategy, Cypher Capital, a leading multi-strategy crypto investment firm based in the UAE, covering venture capital, public markets, nodes, mining and more, announced the appointment of Bill Qian as the new Chairman of its Board of Directors. Bill brings to Cypher Capital more than 15 years of invaluable industry expertise in managing and investing over $20 billion.

“I am pleased and privileged to be joining this incredible team that has already accomplished much in this space. Cypher Capital and I share the same vision, and I am excited to take it to the next level,” said Bill Qian.

Before joining Cypher Capital, Bill was the Global Head of Fundraising, Binance Labs, and M&A for Binance ‒ the largest global crypto platform holding 55% of the global market share, with $34 trillion in transactions in 2021. Before this, Bill was the Head of Investment of Fintech/Tech for JD.COM ‒ an Asian internet tycoon with more than $400 billion in annual e-commerce transactions. Bill has also worked with Trustbridge Partners, a leading technology-focused private equity fund with more than $15 billion in assets under management, and has deployed and managed over $20 billion across Web 1.0, Web 2.0, and Web 3.0 projects in his career. Bill sees himself as a “web-native investor”, looking for phenomenal founders in the Web 3.0 industry.

Having completed his Bachelor of Engineering at Shanghai Jiao Tong University, he was elected as Vice President of the student union with the highest voting rate ever recorded. He also holds an MSc in Finance from Nanyang Technological University and an MBA from the University of Toronto. Alongside his main roles, Bill serves on the executive committee of the Hillhouse Value Investing Institution.

“Several initiatives are in the works for Cypher Capital, and I couldn’t be more excited to work with the team to make them a reality. Included are a venture studio, joint ventures in different crypto verticals, and a co-working space located in Jumeirah Beach Residence (Dubai, UAE) – allowing founders to resolve critical challenges from anywhere in the world,” Bill added.

“Not only will we set Cypher Capital on an unparalleled path to success, but we will also create a new fund with a mix of diverse Middle Eastern investors, Asian internet tycoons, and other world-class institutional investors,” he concluded.

Bijan Alizadeh, Co-Founder and Partner of Cypher Capital, commented, “Bill’s sense of leadership, in addition to his extensive experience in the industry, makes him an ideal figure for this role. I look forward to working closely with Bill to continue honoring Cypher Capital’s vision, mission, and values.”

Cypher Capital is a leading multi-strategy crypto investment firm based in the UAE, covering venture capital, public markets, nodes, mining, etc. Working alongside globally acclaimed Web 3.0 founders, not limited to only financial capital investment, we also leverage our global relationships and industry expertise to ensure long-term success.

Cypher Capital is building a 10,000 sq. ft. hub for crypto and blockchain startups which is set to open in Q4 2022 in Jumeirah Beach Residence, Dubai. The hub reflects the company’s vision to contribute to the blockchain community and provide mentorship and guidance to its members.

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