Lykke opens Latin American subsidiary in Mexico


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Lykke, a Swiss Fintech company building a global marketplace on the Blockchain, announces the grand opening of Lykke de México S.A. de C.V., a Mexican subsidiary designed to bring the unique Lykke trading experience to the Latin American market.

“We are thrilled to be in Mexico,” said Erwin Fedier, CEO of Lykke de México S.A. de C.V. “As the first carrier to serve Latin America directly, we are making the global marketplace available to millions of people.”

This new subsidiary is the direct result of Lykke Streams, Lykke’s innovative platform for crowdsourcing contributions to projects of all kinds. A project called “Set up a new Lykke venture in your city,” posted by Lykke founder and CEO Richard Olsen, brought the team that would eventually become Lykke de México to the attention of senior leadership.

“After reviewing the various proposals that we received,” said Dr. Olsen, “we became convinced that Latin America was the right place for Lykke and that Erwin Fedier was the right person to head up our efforts there.”

In the spirit of Lykke’s vision, Lykke de México will be more than just a branch office. It will be a localized, responsive, and fully integrated part of the Latin American financial community and a vital point of entry to the Lykke Exchange.

“Projects for our first institutional clients are already underway,” said Mr. Fedier. “We are also localizing our Lykke Wallet app, and we are getting ready to trade in Mexican pesos. The Lykke hallmarks of instant settlement and zero commission will, of course, be an integral part of our operations.”

About Richard Kastelein

Founder of industry publication Blockchain News, partner at ICO services collective CryptoAsset Design Group (helped raise over $200m+), director of education company Blockchain Partners (Oracle Partner) and ICO event organiser at leading industry event  CryptoFinancing (first ICO event in Europe) - Richard Kastelein is an award-winning publisher, innovation executive and entrepreneur. He sits on the advisory boards of half a dozen Blockchain startups and has written over 1200 articles on Blockchain technology and startups at Blockchain News and has also published pioneering articles on ICOs in Harvard Business Review and Venturebeat.
Kastelein has spoken (keynotes & panels) on Blockchain technology in Amsterdam, Antwerp, Barcelona, Beijing, Brussels, Bucharest, Dubai, Eindhoven, Gdansk, Groningen, the Hague, Helsinki, London, Manchester, Minsk, Nairobi, Nanchang, San Mateo, Shanghai,Tel Aviv and Venice. His network is global and extensive.
He is a Canadian (Dutch/Irish/English/Métis) whose writing career has ranged from the Canadian Native Press (Arctic) to the Caribbean & Europe. He's written occasionally for Harvard Business Review, Wired, Venturebeat, The Guardian and and his work and ideas have been translated into Dutch, Greek, Polish, German and French.
A journalist by trade, an entrepreneur and adventurer at heart, Kastelein's professional career has ranged from political publishing to TV technology, boatbuilding to judging startups, skippering yachts to marketing and more as he's travelled for nearly 30 years as a Canadian expatriate living around the world.
In his 20s, he sailed around the world on small yachts and wrote a series of travel articles called, "The Hitchhiker's Guide to the Seas' travelling by hitching rides on yachts (1989) in major travel and yachting publications. He currently lives in Groningen, Netherlands where he's raising three teenage daughters with his wife and sailing partner, Wieke Beenen.

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