Singapore-based Aquariux Fintech Gets Kelvin Chia As CEO Chia brings in over a decade of company management experience on-board to the company

By Akshit Pushkarna

Opinions expressed by Entrepreneur contributors are their own.

You're reading Entrepreneur Asia Pacific, an international franchise of Entrepreneur Media.

Kelvin Chia, CEO, Aquariux

Singapore-based financial technology company Aquariux announced the appointment of Kelvin Chia as chief executive officer. Aquariux is a financial technology company delivering software solutions as a service. The solution suite includes trading, payments and remittance of traditional and digital assets.

Chia started his career at the Singapore Exchange (SGX) as a clearing house associate in 2010. After his brief one year engagement with SGX, he moved to CQG Inc. as a regional sales manager, where he worked for four years. He took a small 10 month hiatus from his work at CQG, when he joined Stellar trading systems as Head, APAC.

He re-joined CQG in 2016 as the sales director for APAC region and was elevated to the position of General Manager, China, in 2018. ). Chia established QST and CQG's business in China and provided access to China's commodity futures trading for international buy and sell-side market participants.

Quitting CQG in 2020, Chia ventured into investments and advisory for about two years before taking up the CEO role at Aquarix.

"The Monetary Authority of Singapore (MAS)'s stance on providing a comprehensive framework for regulating the digital assets industry in Singapore has further instilled confidence for companies operating in the digital asset industry establishing their footprints here, especially those in STO exchanges, digital custody and OTC trading firms," Kelvin commented. "Aquariux aspires to be an integral part of this digital economy and we want to bridge traditional financial technology with web3 based solutions."

"We strongly believe that the modern digitalisation effect will accelerate in the next 3 years and migration to web3-based solutions for financial institutions will become common practice thereafter. Aquariux is positioned to best support this migration of traditional technology applications to web3," he added.

Incorporated in October 2020 and with Kelvin's appointment, Aquariux secured a SGD 3mil pre-seed investment led by private investors. With the funding, Aquariux is looking to expand their current team of over 30 employees both locally and abroad. In addition to the solutions and services they provide in the capital markets technology field, Aquariux is also developing software projects in digital payments, digital remittance and regulatory technology (RegTech)

Akshit Pushkarna

Features Writer

Related Topics

Business Ideas

This Teacher Sells Digital Downloads for $10. Her Side Hustle Now Makes Six Figures a Month: 'It Seems Too Good to Be True, But It's Not.'

When one middle school teacher needed to make some extra income, she started a remote side hustle with no physical products and incredibly low overhead. Now she brings in six figures each month, and offers courses teaching others how to do the same.


Google Is About to Delete Inactive Accounts. Here's How to Avoid A Massive Gmail Bounce Rate.

Google will start deleting inactive accounts soon. For businesses like yours, that means many Gmail contacts will probably bounce. Here's how you can avoid that – and keep your business emails landing in the inbox.

Business News

An Ivy League University Is Teaching the Secret of Taylor Swift's Success

Several major universities have added courses dedicated to studying Swift's star power.


4 Tips for Launching a Successful Rebrand

A break with the past can be just what the doctor ordered.

Business News

Red Lobster Lost Nearly $11 Million Because People Love Endless Shrimp: 'We Need to Be Much More Careful'

The restaurant chain, which is owned by Thai Union Group, made the promotion a menu mainstay in June.