ZiChain strengthens the team

Sergey Kovtunenko from UBS will become the Executive Director of Zichain, where he willresponsible for the launch of the line on the marketcryptocurrency index funds

Moscow, July 17, 2018 – SergeyKovtunenko, one of the leading professionals in the financial market in Russia with 13 years of experience in the world's largest and Russian investment banks, has been appointed executive director of the Zichain group of companies, specializing in digital asset management.

In his new position, Mr. Kovtunenko will headthe group's brokerage company ZiChange, focused on institutional, corporate and private clients, a trading platform for converting digital assets into major world currencies, as well as the direction of Index Cryptocurrency Funds – TheIndex.Fund.

Mr. Kovtunenko’s tasks will include bringing tomarket for a line of cryptocurrency index funds, a unique product of the Zichain group of companies, designed to make the world of digital assets accessible to a wide range of investors.

Before joining Zichain, Mr. Kovtunenko worked for 4 years at UBS Wealth Management, previously at Troika Dialog and Sberbank Private Banking.

Company Information:

Zichain– international group of companies,specializing in digital asset management, which launched the world's first line of cryptocurrency indices in December 2017. Combining extensive experience from the world of traditional finance with cutting-edge technology, the Zichain team has created simple, safe and reliable solutions that allow every user to successfully invest in cryptocurrencies, track the dynamics of their investments and receive the most up-to-date market information.

Zichain focuses on developing severalkey products: a unique and convenient platform for asset managers who will be able to launch their own funds; index funds, a multilingual information and analytical portal based on artificial intelligence and a licensed crypto-fiat broker.