Tether Brock Pierce is considering returning to Hong Kong to run a new project
2024-06-02 11:11:03
Brock Pierce, co-founder of Tether, said he is considering returning to work in Hong Kong for a third time as the government works to attract the crypto industry back, considering bringing a new venture to Hong Kong. Brock Pierce did not disclose what his new venture will do and whether Hong Kong will become its new headquarters.
Brock Pierce co-founded Tether, a stablecoin in Hong Kong, a decade ago and sold his stake a year after the company was founded. His first foray into the virtual currency space was selling virtual currency traded in games through Internet Gaming Entertainment, a company he founded in Hong Kong. In 2012, he sold another company of his, Zam, a video game community building company founded in 2003, to Tencent Holdings.