LABS Group CEO and Silverbear Capital Partner to also invest in DeFi provider, advise on real estate-focused solutions
LONDON, UK / ACCESSWIRE / September 23, 2021 / Defactor (www.defactor.com), a blockchain-based DeFi platform that connects qualified borrowers and lenders from across the globe, today announced that Yuen Wong, CEO of LABS Group and Senior Partner of Silverbear Capital, has joined the company's advisory board.
In his role on the advisory board, Yuen will advise Defactor's leadership team on business strategy with a specific focus on property-centric solutions. Yuen is also investing in the DeFi platform through Silverbear.
"Yuen's expertise in blockchain and digitizing real estate assets will help us as we look to diversify the real-world asset originators on the Defactor platform," said Ernesto Vila, Commercial Lead of Defactor. "We couldn't be more excited to have him and the knowledge he brings to the team."
Yuen added, "As everyone knows, LABS Group is a big believer in integrating the traditional asset world with the digitised world using blockchain and Defi. I'm honored to have joined the advisory board of Defactor as we shared the same vision and hence, I'm delighted to help them to help us all."
Yuen joins Defactor's team of advisors who come from a range of leading crypto, blockchain and investment firms including Centrifuge, SORS, Black Manta Capital, dMerch, AMPYR Solar Europe and Europechain.
Yuen's addition comes on the heels of news of Defactor's strategic partnership with Centrifuge. Through the partnership, Defactor will facilitate the onboarding process of real-world asset originators to the Centrifuge platform.
For more information, visit defactor.com
About Defactor
Defactor is building the integration and risk management tools to bring new asset classes from the real world to DeFi investment pools for financing. There is a massive funding gap in many areas of business financing globally. DeFi provides an alternative source of funding as well as the tools and expertise to bring it to scale.
For press enquiries, please contact info@defactor.com
SOURCE: Zebu Digital
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https://www.accesswire.com/665343/Defactor-adds-Yuen-Wong-to-Advisory-Board
