Michael Ping is a Chinese businessman and entrepreneur who is best known for his role as the chief executive officer of the Crypto financial company Trailanx Capital.
He’s been making the news recently because of the tremendous success that the company is experiencing in its fundraising and its growth. He stands as a solid example of how to become successful in an emerging market at an early age. He is widely recognized for his accomplishments and is an inspiration to young entrepreneurs with good ideas. Here are 10 things you probably didn’t know about Michael Ping that you might find intriguing.
1. He has an interesting early education
Michael Ping attended the Suzhou Middle School from 2005 through 2007 where he graduated from high school in 2007. Immediately after his graduation, he was accepted at the Mahindra United World College of India. This is an international school that has a cap of 200 students that are accepted from 87 different countries throughout the world. It is an exclusive school that is not easy to get into because of its stringent admissions requirements and strictly limited number of students enrolled per year. Ping graduated with his international baccalaureate degree in 2009.
2. Michael Ping attended the best colleges
After earning his bachelor’s degree, Michael was accepted to the prestigious Dartmouth College. He completed his bachelor of arts in the field of economics. He attended from 2009 to 2013, at which time he graduated Magna cum laude. He also attended Oxford University. He started classes in 2012 and continued for one year in the study of economics and political science.
3. He was involved in extracurricular activities
While Mr. Ping attended Dartmouth he was involved in a variety of clubs and extracurricular groups, according to Crunchbase. He was a member of Sigma Phi Epsilon, the Dartmouth Economics Reading Group, the Project Preservation 2010 Group in Poland, the International Business Council, the Dominican Republic ASB, and he was an Intramural basketball champ.
4. He interned at Goldman Sachs
Michael Ping completed an internship with the Goldman Sachs financial company. He served as a summer quant analyst from June of 2011 through August of 2011, spending a total of 3 months with the company. He served at the New York City location in the metropolitan area. This was his first real work experience in the financial sector of business. It was there that he met the founder of Coinbase Fred Ehrsam. This was a valuable connection that created a relationship that has extended into his current company’s investments and holdings.
5. He worked for Morgan Stanley as a trader
Michael Ping was hired to work at the Morgan Stanley company in June of 2013. His title was FX & Rates Trader in the company’s Hong Kong location. He was a greater China FX and rates market maker and gained global macro prop trade experience in the position. He spent a total of 3 years and 9 months in the position, leaving in February of 2017.
6. He worked his way up in the business world
Mr. Ping didn’t start at the top of his career niche. He began as an intern and then he worked his way up with progressively responsible positions. In March of 2017, he was hired t a company called Arete Capital Partners at its Hong Kong offices. He was a portfolio manager for the company. He spent a total of 10 months in the position leaving in December of 2017 to pursue his dreams of being an entrepreneur and launching his own financial company.
7. Michael Ping is the founder of Trailanx Capital
Michael Ping is not only the leader of the Company which owns https://Trailanx.com, which comprises a trading Exchange and an Investment Arm. He is also the founder and the owner of the business. He launched the start-up immediately after leaving his job in 2018, Trailanx initially serviced corporate clients in the trading Industry before The official launch of the crypto-financial Arm in March 2020 and it has been growing and prospering through the present. He has served as the CEO of his company up to the time of writing
8. Michael has raised millions from investors
According to Techcrunch, Mr. Ping has made some successful pitches to secure funding for the growth and expansion of his company. It isn’t always easy to convince large investors of the merits of a new startup, particularly one in an emerging market such as crypto finance. Ping has gained the attention of several large venture capital investors and recently raised $100 million in a round of Series B funding.
9. His company will soon become a unicorn
Michael Pings company Trailanx Capital has recently reached a milestone after its latest round of venture capital funding. The pre-money valuation of Trailanx Capital is estimated at $1 billion. This is an astronomical figure considering the business has only been in existence since 2018. It has grown and thrived and it reached the required $1 billion valuation to join the exclusive group of elite companies to reach this pinnacle of success. The company is backed by investors such as Gobi Partners, and China Renaissance.
10. Michael Ping is just getting started
Mr. Ping is a young business owner who has made a billion-dollar success out of his very first attempt to launch a company of his own. He is a remarkably talented leader who took a new start-up from the ground upwards and turned it into a unicorn status enterprise within under three years from the official date that it became a legal company. He has secured backing from large financial companies above $100 million and this is just the beginning for Trailanx Capital. It is also just the beginning for him as a businessman and entrepreneur. We expect to hear more about Michael Ping in the months and years to come.