EQONEX Appoints Chief Operating Officer to Drive Customer Growth as Crypto Market Boom Continues

LONDON and HONG KONG, Nov. 23, 2021 /PRNewswire/ -- EQONEX Group, a digital assets financial services company (Nasdaq: EQOS) continues to bolster its senior executive ranks with the appointment of seasoned customer growth and strategy expert Andrew Eldon, who will assume the position of Chief Operating Officer and interim Chief Marketing Officer.

The appointment comes as the company is significantly ramping up its strategic hiring amid the exponential growth in the digital asset sector. Mr. Eldon will lead the company's efforts to unlock the significant growth potential, and strong demand across both retail and institutional client segments.

Mr. Eldon is an experienced senior executive with a track record in building and scaling digital businesses, operations, product development, product, and digital marketing and strategy design. He joins EQONEX from HSBC, where he most recently served as Group Head of Customer Growth & Advocacy and built and scaled PayMe – HSBC's award winning payments app with over 2.5 million customers. Prior to that, he worked in senior marketing, advisory, and consulting roles in the retail, eCommerce, and professional services sectors.

"We are delighted to welcome Andrew to our team. It has been another record-breaking year for the cryptocurrency sector, and we are strategically growing our team to position ourselves for the enormous opportunities ahead and deliver the best customer experience possible," said Richard Byworth, CEO of EQONEX.

"As an operational leader, Andrew will play an instrumental role in our continuing commitment to delivering a world class, compliant, and transparent cryptocurrency platform."

"I'm excited to be joining EQONEX and bring the tools, processes, and disciplines required to accelerate our high-growth potential. Our regulation-first approach and institutional-grade infrastructure gives us a competitive edge that we can build on. I'm looking forward to working with a high-performing, visionary team," Mr. Eldon said.

Mr. Eldon's appointment follows a number of recent strategic sales appointments at the company, including Alex Phillips as Group Head of Sales, and Malcolm Baker as Head of Group Sales for the European region. EQONEX will continue to seek out the best talent to support its continuing growth as a leader in the institutional digital asset sector.

About EQONEX Group

EQONEX Group is a digital assets financial services company focused on fairness, governance, and innovation. The group encompasses cryptocurrency exchange EQONEX as well as an over-the-counter trading platform. It also offers a front-to-back integrated trading platform, Access Trading, a securitization advisory service EQONEX Capital, market leading hot and cold custodian Digivault, and asset manager Bletchley Park.

For more information visit: https://group.eqonex.com.

Follow EQONEX on social media on Twitter @eqonex, on Facebook @eqonex, and on LinkedIn.

This press release is provided by Eqonex Limited (f.k.a. Diginex Limited "Eqonex") for information purposes only, is a summary only of certain key facts and plans of Eqonex and includes forward looking statements that involve risks and uncertainties. Without limitation, the press release does not constitute an offer or solicitation in relation to any securities or other regulated products or services or to make use of any services provided by Eqonex, and neither this press release nor anything contained in it will form the basis of any contract or commitment whatsoever. This press release has not been reviewed by any regulatory authority in any jurisdictions. Forward looking statements are statements that are not historical facts and are subject to risks and uncertainties, which could cause actual results or outcomes to differ materially from the forward-looking statements. Most of these factors are outside of Eqonex's control and are difficult to predict. Factors that may cause such differences include, but are not limited to: Eqonex's limited operating history and history of net losses; Eqonex's ability to execute its business plan; the rate and degree of market acceptance of Eqonex's products; failure to obtain the requisite regulatory licenses and qualifications or establish partnerships with entities in certain jurisdictions to satisfy regulatory requirements; changes in laws or regulations; litigation and regulatory risks; Eqonex's inability to successfully identify, hire and retain skilled individuals; competition; Eqonex's inability to successfully develop technology to service its business lines and keep pace with rapidly changing technology and client or regulatory requirements; risks of cyber incidents; reliance on vendors and third-party service providers; inability to protect or preserve its proprietary rights and the risk of infringing on the intellectual property rights of others; potential conflict of interest arising from managing different business lines; risks of employee misconduct and manipulation of distributed ledger networks and smart contract technology by malicious actors; risk of Eqonex losing access to its private keys or data loss relating to its digital asset investments; the ability of Eqonex to grow and manage growth profitably; general economic and market conditions impacting demand for Eqonex's products and services, other business line specific risks and such other risks and uncertainties included in Eqonex's Form 20-F filed with the U.S. Securities and Exchange Commission (the "SEC") on June 30, 2021, including those under "Risk Factors" therein, and in Eqonex's subsequent filings with the SEC, which are available on the SEC's website at www.sec.gov.

In addition, any forward-looking statements contained in this press release are based on assumptions that Eqonex believes to be reasonable as of this date. Eqonex undertakes no obligation to update any forward-looking statements to reflect events or circumstances after the date of this press release or to reflect new information or the occurrence of unanticipated events, except as required by law.

Copyright (c) Eqonex Limited 2021.

SOURCE EQONEX

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