KuCoin Announces the Establishment of KuGroup with Michael Gan Appointed as Chairman and Johnny Lyu Appointed as KuCoin Global CEO

On March 17, 2020, KuCoin, an IDG-backed crypto exchange, announced today the establishment of KuGroup, and CEO Michael Gan has been appointed as the Chairman of KuGroup. Also, KuCoin co-founder Johnny Lyu has been appointed the position of CEO of KuCoin Global. With the expansion of KuCoin's services and ecosystem, the management team decided to adjust the company structure and establish KuGroup, which consists of three business groups, namely KuCoin Global, KuCloud, and the KuChain & KCS Business Group.