Road Town, British Virgin Islands, June 12th, 2023, Chainwire
LBank Labs, the leading venture fund of global crypto exchange LBank, is thrilled to announce the addition of Howard Yuan to its team. Yuan brings a wealth of experience and expertise in the crypto industry, making him a valuable asset to the organization.
With a background as a crypto OG and extensive experience as a venture capitalist, Yuan has played a pivotal role in the success of numerous projects throughout his career. Prior to joining LBank Labs, Yuan served as the managing partner for Fundamental Labs, and also held significant management positions at prestigious companies such as IBM and E&Y. Yuan’s long-term optimistic outlook on the crypto industry has consistently guided his decision-making and investments.
During his tenure at Fundamental Labs, Howard Yuan made strategic investments in prominent projects such as Coinbase (Coin), Binance (BNB), Polkadot (DOT), Avalanche (AVAX), Conflux (CFX), Stacks (STX), Certik (CTK), NEAR, Mask, and RSS3.
In Yuan's new role as Venture Partner at LBank Labs, Yuan will leverage his extensive experience and expertise to propel the fund to new heights. Yuan aims to position LBank Labs as the leading global VC fund for blockchain and decentralized finance, facilitating the growth of innovative startups and contributing to the development of a prosperous Web3 future.
While acknowledging the inherent volatility of crypto markets, Yuan is confident in the underlying order and innovation within the industry. “I will work closely with the LBank Labs team to identify and support the most talented entrepreneurs, overcoming challenges and building a thriving ecosystem,” Yuan said. When asked about the most remarkable trends he has witnessed in the industry, he highlighted the exciting mass adoption, maturing infrastructure, and emergence of new protocols. “Despite the current bearish sentiment in the crypto market, I believe that this is an opportune time to help early-stage Web3 startups navigate the bear cycle and achieve success,” he explained.
LBank Labs is delighted to welcome Howard Yuan to the team and is excited to harness his insights and knowledge. With Yuan's addition, LBank Labs reinforces its global commitment to nurturing and empowering the next generation of blockchain and cryptocurrency startups.
LBank is one of the top crypto exchanges, established in 2015. It offers specialized financial derivatives, expert asset management services, and safe crypto trading to its users. The platform holds over 9 million users from more than 210 regions across the world. LBank is a cutting-edge platform that ensures the integrity of users’ funds and aims to contribute to the global adoption of cryptocurrency.
Start Trading Now: lbank.com
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Jeremy Van der Haegen