9 years ago, our CEO was already giving interviews on currency baskets

We’ve been doing this for a long time. The decisions we make are based on years of experience. Our ideas have been tested and proven to work.

The Financial Times published an interview with our CEO Helie d’Hautefort in October 2010. Back then, his company Overlay Asset Management was launching a “virtual world reserve currency”, consisting of the currencies of the world’s 15 largest economies, weighted by their gross domestic product, adjusted for purchasing power parity. (Sound familiar?)

“There is a currency war. If you think there is a trend for emerging market currencies to appreciate or at least for the volatility of currencies to fluctuate a lot, your best interest is to switch your base currency into a basket of currencies because you have less risk” — said Helie to Steve Johnson the Financial Times.

Flash forward to October 2018: The GLX is a reality on the Blockchain. It’s a stablecoin linked to a currency basket of the 15 largest national currencies and 5% gold. It’s that same currency basket Helie was working on so many years ago, but now has evolved and adapted to current possibilities and new disruptive technologies like the Blockchain. What changed? Instead of being offered only to large institutions and wealthy people, like in the article, the basket is now available for everyone.

Over the past 20 years, Helie has built extensive knowledge and expertise in the field of currency markets. Overlay Asset Management (his former company mentioned in the article) was the first European currency management agency with overlay services, and he succeeded in turning it into a 23 billion USD business in partnership with BNP Paribas. Even prior to that, he held management positions in international firms like the Rosebud fund, PSA International, Peugeot Citroën group, and the Crédit Lyonnais trading room in New York. And even after that, he created in GLOBCOIN one of the most successful multi-currency prepaid cards in Europe.

Now, he has put together a team where each member brings their own relevant experience and ideas, for a new mission: Making this currency basket available to all as a crypto asset.

We’ve been around for a while and we’re not going anywhere. We’re bringing currency solutions to the next level, and then the next level after that.

Join the ride, we promise it won’t be boring and it will be fully GLOBAL: globcoin.io