PR94335

SINGAPORE, Jan. 31, 2022 /PRNewswire=KYODO JBN/ --

CTH Group, a leading company in the blockchain and digital asset ecosystem, and

its sister company, Atlas Technology Management Pte. Ltd (Atlas), one of the

world's largest companies in application specific computing, announced today

the appointment of Maggie Sun as Chief Financial Officer for both entities.

CTH founder and CEO, Raymond Yuan said: "I'm very pleased to welcome Maggie at

this pivotal period for our companies. We are bracing for rapid global

expansion, and we will benefit tremendously from her extensive knowledge and

track record to elevate our financial practices. Maggie's capital market

experience will also allow us to weigh private and public fundraising options

to fuel our ambitious growth."

In addition to the day-to-day management of Atlas's financial reporting and

strategic direction, Sun will oversee the financial operations including

strategy, performance reporting, capital markets activities and investor

relations across the Group's venture capital firm Fundamental Labs and digital

asset focused asset manager, IDEG.

"I'm excited to take on the positions as CFO for CTH and Atlas which are in the

critical stage of expanding their global footprint in the blockchain and

digital assets ecosystem. Blockchain technology is driving extraordinary

innovation and value creation in our daily lives, and I'm thrilled to be

contributing to its growth. Atlas has the potential to be one of the global

leaders in its field and I welcome the opportunity to share its story with the

capital markets," said Maggie Sun.

Sun is a seasoned executive with over 20 years of global experience in finance

operations and capital markets advisory spanning New York to Silicon Valley and

Asia. Before joining CTH, she was a Partner in the Operating Group of SoftBank

Investment Advisors ("Vision Fund"). Prior to that, she was a Partner at Ernst

& Young and PwC.

Atlas saw unprecedented growth in 2021 and has aggressive hiring targets to

achieve its expansion ambitions in 2022. Yuan added, "The blockchain sectors

are growing, and talent is in high demand. In addition to enhancing our senior

leadership team, we continue to hire across all our companies. Fundamental Labs

and IDEG are garnering significant interest from high performers wishing to

leave traditional finance, meanwhile Atlas continues to attract high caliber

talent around the world."

About CTH Group

The CTH Group is a leading company in the blockchain and digital asset

ecosystem. Following a distinctive strategy, we have a triangular business

structure including venture capital investment, high-performance computing, and

digital asset focused asset management. We bring value-added insights, operate

distributed computing networks, and connect mainstream capital with the new

asset class. Founded in 2016, our company has footprints across multiple

countries and regions, covering the major innovation centers in the blockchain

ecosystem.

About Atlas

Atlas is a Singapore headquartered technology group offering a broad range of

value-added services including high-performance computing, application specific

computing, hosting and cloud services, hardware distribution, and associated

consulting services.

The company's main revenue stream comes from maintaining and supplying

computing capacity across blockchain networks. Currently, Atlas operates

high-performance computing facilities in North America and Central Asia, with

plans to expand operations in northern Europe and/or South America. Atlas is

one of the largest companies in application specific computing (ASIC).

For media inquiries please contact: Ian Stirling (ian.stirling@atlasmining.com)

Source: Atlas