Presto Launches Research Center... Former Kobit Head Jeong Seok-moon Joins

Opening in April... Providing Asia-Centered Content

Jung Seok-moon, Director of Presto Research Center [Photo by Presto]

Quant trading firm Presto announced on the 14th that it will launch a research center on the 1st of next month.

Founded in 2014, Presto is a global quant trading company based in Singapore that deals with both traditional financial assets and virtual assets.

Presto Research plans to approach issues in the virtual asset industry from a macroeconomic perspective and publish its own reports in English. Since Presto holds years of proprietary data in both traditional finance and virtual asset markets, it will utilize this data in its research content as well.

Former Korbit director Seokmoon Jeong has joined as the head of the research center. Director Jeong majored in Finance at the Wharton School of the University of Pennsylvania. He has over 20 years of experience in Asian equity corporate sales at traditional financial institutions such as Goldman Sachs, UBS, Credit Suisse (CS), and Nomura Securities. He entered the virtual asset industry by joining Korbit in 2018 as the director of business development and has served as the head of the research center since 2021.

The company plans to cover △analysis of traditional finance and virtual asset industries within major Asian jurisdictions △trading strategies leveraging Presto’s trading expertise △analysis of global institutional capital inflow trends △key investment themes in the Web3 market, among other topics.

Director Jeong stated, "Presto is one of the leading Asia-based quant trading firms. While most leading companies in the virtual asset industry are based in the US and Western Europe, Presto Research will focus on the Asian market to help the virtual asset industry thrive actively in Asian countries."

This content was produced with the assistance of AI translation services.