HSBC seeking new product director to steer tokenization efforts HSBC seeking new product director to steer tokenization efforts
The move comes despite HSBC CEO Noel Quinn's recent warning about the dangers of crypto.
1 min read
Updated: Feb. 1, 2023 at 1:32 pm UTC
Cover art/illustration via CryptoSlate. Image includes combined content which may include AI-generated content.
HSBC announced Jan. 30 that it is looking to hire a product director to spearhead its new “tokenization efforts.”
According to the job posting, the new role will be responsible for envisioning and executing HSBC’s tokenization strategy, as well as navigating the regulatory environment.
The move is a pivot from the lender’s anti-crypto stance so far. As recently as September 2022, HSBC CEO Noel Quinn told CNBC that:
“As a bank, we’re not getting into the crypto world, crypto trading, crypto exchanges.”
The open position is based in London or Hong Kong.
Author 
Dorian Batycka
Dorian Batycka is a journalist interested in art and technology. He has previously contributed to CoinDesk, Decrypt, Artforum, Artnet News, the Art Newspaper, and many others. He can be found on Twitter and Instagram @temp_projects, where he often memes his way through current financial and art news, scandals, and events.
