CEO, Carbon Blue Hong Kong
Prof. Michael Sung is a technology venture builder and investor, having founded various companies over the years in diverse high-tech industries spanning across the Fintech, AI, blockchain, semiconductor, and new materials industries. He is a founding partner of CXG Group, a cross-border Asia/Middle East private equity technology fund. Prof. Sung is also the founder and Chairman of HorizenDigital, a cross-border digital finance venture building and investment ecosystem that is focused on rapidly commercialising and scaling blockchain and digital finance innovation to institutions and developing countries.
Prof. Sung is the founding Director of the Institute of Digital Finance Innovation at the Zhejiang International Business School. He is leading Zhejiang University’s initiative to develop their first international campus in the UAE, representing the first Chinese University in the Middle East Region. Prof. Sung’s applied research includes digital finance, Fintech policy & regulation, Regtech, AI and Blockchain innovation, digital asset investment banking, asset-backed securitisation, digital economy business model innovation, and cryptoeconomics. He is also the Chief Scientist for the Frontier Institute of Regulation and Supervision Technology, a Fintech think tank founded in partnership with the Beijing government focused on Regtech technologies. Previously, he was the founding Co-Director of the Fudan Fanhai Fintech Research Center at the Fanhai International School of Finance at Fudan University, and faculty at the Chinese Institute of Economics and Finance and HK University of Science and Technology.
Prof. Sung has served in numerous advisory roles over the years for the governments in Greater China on international tech transfer, innovation ecosystem building, AI, blockchain, and Fintech policy for various top city and minister-level officials. He is a world-recognised expert on digital currencies and digital securities, in particular the digital currencies/e-CNY. Prof. Sung also curates content for Crypto Finance Conference and has organised and hosted high-profile forums including the One World Blockchain Forum and an annual Future of Fintech and Finance Forum at Davos.
Prof. Sung is a Global Blockchain Business Council ambassador, Professional Council member for the Global Fintech Institute, and Digital Economy Task Force member for the UN ESCAP Sustainable Business Network. He has received various awards for technology entrepreneurship, including MIT Enterprise Forum’s Most Visionary Technology Award and Google’s Solve for X Prize. Prof. Sung received his Ph.D. in EECS at the MIT Media Lab/Computer Science and Artificial Intelligence Laboratory as well as a graduate financial engineering degree from MIT Sloan Business School.