Metalpha Appoints Liu Yi as Senior Advisor for Its Crypto Mining Partnerships

Rhea-AI Summary

Metalpha Technology (Nasdaq: MATH) has appointed Liu Yi as Senior Advisor for crypto mining partnerships. Liu brings over 15 years of leadership experience from his role as CEO of Baohui Innovation Technology , Africa's largest crypto mining company.

The company announced its Crypto Mining Sustainable Partnership Program, aimed at building strategic alliances with mining partners globally through advisory services and financial solutions. Key recent initiatives include:

• Development of a Bitcoin Miner Index and related stock fund in 2024, in partnership with Antalpha and FTSE Russell
• Partnership with Litecoin Foundation in 2023 for hedging solutions and sustainable mining
• Research donation to Hong Kong Polytechnic University in 2022 focusing on BTC mining and carbon neutrality

Positive

• Appointment of experienced industry leader with 15+ years in crypto mining
• Launch of Bitcoin Miner Index and stock fund with FTSE Russell partnership
• Strategic partnership with Litecoin Foundation for hedging solutions

Negative

• None.

HONG KONG, March 11, 2025 /PRNewswire/ -- Metalpha Technology Holding Limited (Nasdaq: MATH) (the "Company" or "Metalpha"), a global leader in digital asset wealth management, is pleased to announce the appointment of Mr. Liu Yi, a highly regarded expert in the BTC mining industry, as the Senior Advisor of the Company's crypto mining partnerships. Mr. Liu brings over 15 years of leadership experience in the crypto mining and technology sectors while serving as the CEO of Baohui Innovation Technology Limited, the largest crypto mining company in Africa. His extensive expertise will provide invaluable insights as Metalpha continues to strengthen its presence in the crypto mining ecosystem.

In conjunction with this appointment, Metalpha is excited to introduce its Crypto Mining Sustainable Partnership Program. This initiative is designed to build strategic alliances with mining partners worldwide, offering advisory services and financial solutions to support their sustainable growth and success. Metalpha is committed to creating an interconnected ecosystem that empowers crypto miners through capital access, risk management solutions, and long-term strategic collaboration.

In 2024, as part of its continued efforts to support the crypto mining industry, Metalpha has developed a Bitcoin Miner Index and related stock fund, partnered with Antalpha and FTSE Russell. The index, tracking a portfolio of listed Bitcoin mining companies, provides institutional investors a better way in BTC mining exposure.

In 2023, Metalpha officially partnered with Litecoin Foundation to develop hedging solutions and sustainable mining for LTC ecosystem.

In 2022, through Hong Kong Sustaintech Foundation, the company donated to the Hong Kong Polytechnic University focusing on research topic around BTC mining and carbon neutrality.

As BTC mining continues to evolve, Metalpha remains dedicated to fostering an innovative, transparent, and sustainable mining ecosystem. Through strategic partnerships, financial expertise, and industry-driven solutions, the company is bridging capital, technology, and expertise to drive the next phase of growth in the global mining industry and cutting-edge wealth management services.

About Metalpha

Metalpha, through its subsidiaries, provides virtual asset-linked wealth management products and services on a global basis. The company hires top talent from Wall Street banks and provides crypto derivative products to institutions, including exchanges, crypto mining companies, investment funds, and family offices. Backed by both Metalpha Technology Holding Limited (NASDAQ: MATH) and Antalpha Technologies Limited, the company is one of the largest derivatives traders in Asia.

Forward-Looking Statements

This press release contains statements that may constitute "forward-looking" statements pursuant to the "safe harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as "will," "expects," "anticipates," "aims," "future," "intends," "plans," "believes," "estimates," "likely to" and similar statements. Management has based these forward-looking statements on its current expectations, assumptions, estimates and projections. While they believe these expectations, assumptions, estimates and projections are reasonable, such forward-looking statements are only predictions and involve known and unknown risks and uncertainties, many of which are beyond management's control. These statements involve risks and uncertainties that may cause Metalpha's actual results, performance or achievements to differ materially from any future results, performance or achievements expressed or implied by these forward-looking statements.

View original content:https://www.prnewswire.com/news-releases/metalpha-appoints-liu-yi-as-senior-advisor-for-its-crypto-mining-partnerships-302398377.html

SOURCE Metalpha Technology Holding Limited

FAQ

What is the role of Liu Yi at Metalpha Technology (MATH)?

Liu Yi has been appointed as Senior Advisor for crypto mining partnerships at Metalpha, bringing 15 years of leadership experience from his position as CEO of Africa's largest crypto mining company.

What is Metalpha's (MATH) new Crypto Mining Sustainable Partnership Program?

It's an initiative to build strategic alliances with mining partners worldwide, offering advisory services and financial solutions to support sustainable growth.

What partnerships did Metalpha (MATH) establish in 2023-2024?

In 2024, Metalpha partnered with Antalpha and FTSE Russell for a Bitcoin Miner Index, and in 2023, they partnered with Litecoin Foundation for hedging solutions and sustainable mining.

What financial products has Metalpha (MATH) developed for Bitcoin mining?

Metalpha developed a Bitcoin Miner Index and related stock fund in 2024, tracking a portfolio of listed Bitcoin mining companies for institutional investors.