Expanding Into New Territory with Malcolm CasSelle

The establishment of “WAX,” or Worldwide Asset Exchange allows anyone to take part in the marketplace for digital game assets, as well as displays the ability of tokenizing in-game items. WAX will minimize costs of transactions, from exchanges for games where it was not possible before to transfer assets, and divide player earnings from centralized exchanges. Tokenization allows ownership of digital assets, producing a new, more accessible economy with the possibility to grow into tangible, material assets.

 

Currently residing as President of WAX is Malcolm CasSelle. Before taking his administrative position at WAX, CasSelle was also Chief Technology Officer and President at tronc (previously known as Tribune Publishing,) where he supervised meteoric development leveraging digital assets. Prior to his current line of work, he was General Manager and Senior Vice President of Digital Media at Seachange International which obtained his business Timeline Labs where he worked as Chief Executive Officer, a central formula for companies to discover, exhibit and determine engaging content founded on social signaling.

 

In his earlier career, CasSelle founded several startups in the digital industry. Of these startups include MediaPass, a major digital subscription resolution to prominent media institutions, Xfire, a gamer social network of 22M, and Groupon’s collaborative endeavor with Tencent in China. CasSelle has earned degrees from such prestigious universities as MIT and Stanford. Of the companies he has taken an active role investing in include Facebook and Zynga. He has also invested funding in big data and blockchain verticals. In the beginning of his career, CasSelle helped co-found PCCW, a publicly exchanged telecomm located in Hong Kong, estimated to be valued in the area of $35 billion dollars.

 

Throughout his career, he helped raise billions of dollars in capital for PCCW’s public offering and millions for other exclusive agreements. If you’re interested in learning more about Malcolm CasSelle, you can find him on his Linkedin page and CrunchBase.

 

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