Lawrence Chu
Chief Executive Officer at IDA
Lawrence Chu
Chief Executive Officer at IDA
Hong Kong
Overview
Work Experience
Chief Executive Officer
2024 - Current
IDA is the premier digital asset technology company to spearhead the widespread adoption of blockchain finance. We empower businesses to seamlessly integrate between Web2 and Web3. HKDA, a fiat-referenced stablecoin built on public blockchain protocols, will be the first product launched by IDA. HKDA is designed to drive enhanced digital connectivity for seamless commerce and payments between Hong Kong and global markets, 24/7/365. To maintain the highest level of security and stability, all circulating HKDA will always be fully backed by at least 100% reserve assets in regulated Hong Kong based authorized institutions. Our mission is to propel Hong Kong to the forefront of fintech and Web3 innovation by attracting new foreign investments and capital from jurisdictions participating in the Belt and Road and Global South initiatives, and enabling them to facilitate more effective and efficient cross-border trades.
Member of the Task Force on Promoting Web3 Development in the Hong Kong SAR
2023
Founder
2011
https://bppe.com We believe in people with meaningful ideas. We’re backing companies that matter. Meet our COMMUNITY of change-makers.
Partner
2019
https://levervc.com
Governor
2010
https://www.cis.edu.hk The school is a non-profit charitable organization. Ultimate responsibility for the school rests with the Board of Governors of the Chinese International School Foundation. The Board establishes broad policies to ensure that the school meets the highest standards of service to its constituents. It is assisted in its long-range planning for the school by various Board committees and by the Development Board. Day-to-day operation of CIS is the responsibility of the Headmaster, who works closely with the Leadership Team. CIS is accredited by both the Council of International Schools (CIS) and New England Association of Schools and Colleges (NEASC). It is also a member of the Association of China and Mongolia International Schools (ACAMIS) and the National Association of Independent Schools (NAIS).
Co-Founder & Chairman
2022 - 2024
https://vsfg.com A global financial services platform and the 1st SFC-approved virtual asset manager in Hong Kong. VSFG is focused on building out its IDA business, which includes digital asset management, ETF issuance of major crypto-currencies, and developing a licensed stablecoin business. Traditionally the firm managed venture capital funds, project funds, as well as an external asset management wealth business.
Partner
2018 - 2023
https://aicapital.ai
Co-Founder & Chairman
2015 - 2023
https://kenetic.capital
Co-Founder
2017 - 2022
https://oriente.com
Patron
2014 - 2017
https://ucca.org.cn/en
Education
BA
1998 - 2001
Bachelor's degree
1998 - 2001