About Us

About Us

First Licensed Digital Asset Custodian

Established in 2018, Propine is the first independent digital asset custodian licensed by the Monetary Authority of Singapore (MAS). Propine’s bespoke institutional solutions are at the forefront of innovation, well-paced in the paradigm shift that is surging through global financial systems architectures.

Propine was admitted into the MAS FinTech Regulatory Sandbox and granted a conditional license in November 2019. Over a year later, the company successfully exited from the Sandbox in Jan 2021 with a Capital Market Services license, to custody digital assets.

Since then, Propine has substantially increased its investment pace, assembling an impressive array of investors, including SGInnovate, Seeds Capital by Enterprise Singapore, Woodstock Fund, Lunex, Endeavour Ventures, BTC Inc., Wave Financial, NEM Ventures, Angel Central, MTZ, and Decacorn Capital.

Our Vision and Mission


What drives us? Why are we here? What wakes us up every day and prompts us to go to work?

We wake up every morning to create equal access to opportunity for everyone, by democratizing access to capital markets. We are disrupting the financial markets, one day at a time.


How are we creating this outcome?

By building safe and efficient bridges between traditional and decentralized finance, incorporating the best of both worlds. The open financial system is HERE, NOW!

If you want to create history, if you are the kind that cannot compromise with status quo, if you are always challenging and working hard to create better solutions for tomorrow, reach us to us now. We are constantly looking for curious minds to join our awesome team.


Global Digital Asset Custodian Armed with ISO 27001

Propine, having received the Capital Market Services license is reinventing capital markets to make it more accessible and efficient using blockchain technology. Armed with an ISO 27001 certification, Propine has built compliant solutions, which allow institutions to easily participate in the space without any worry about the technology, security or regulations.

In keeping with the recent increase in institutional adoption of both cryptocurrency and digital securities, Propine bespoke solutions cater to all digital assets including digital securities, cryptocurrencies, stable coins, NFTs and fiat on an integrated platform.

Meet Our Team


In a career spanning over 18 years, Tuhina has made markets for institutional investors in several asset classes, set up derivatives trading desk for a private Indian bank from scratch and successfully led the implementation of Calypso for a bank treasury before becoming an active participant in the Singapore crypto space from 2015. Having graduated as a computer engineer from the prestigious BITS Pilani and then an MBA from the premier Indian Institute of Management, Lucknow, Tuhina, is the CEO and co-founder of Propine, backed by well-regarded institutional investors in Singapore.


The Chief Technology Officer and co-founder of Propine, Zan has over 20 years of experience in building scalable enterprise software solutions with high performing teams. With a wealth of experience in both startups and enterprises, Zan is well-versed in scaling teams from startups to enterprises. The previous two startups where Zan led his respective teams had extremely successful exits with Urban Fox being acquired by Keppel T&T whilst Dropsuite was listed on the Australian Stock Exchange. He holds an electrical engineering degree from the National University of Singapore.


Suresh is Chief Operating Officer of Propine with extensive asset servicing experience in the financial services industry. During his tenure at State Street Corporation, Suresh held executive positions in Operations, Information Technology, Product, Project and Program Management, and Governance. He has led and has been involved in the development and implementation of complex market and product expansion strategies across both APAC and Europe. Suresh has Master of Business Administration (International Business) from the University of New England and a Graduate Diploma in Information Technology from the University of Southern Queensland and is also a Graduate Member of the Australian Institute of Company Directors.


Sanjay Menon is Chief Information Security Officer of Propine and responsible for the company’s initiatives in DevSecOps, Threat Detection and Response along with Audit and Compliance. Sanjay comes with more than two decades of experience in information security and has held senior roles across multiple Information Security and Technology Risk domains in organisations like Deutsche Bank, J.P. Morgan, State Street, Mercedez-Benz and Symantec. Sanjay holds a Masters degree in information Security from Royal Holloway, University of London and is a qualified CISSP.


Ian brings a wealth of more than two decades of experience in both startups and enterprises, specialising in B2B and B2C marketing and communications in technology, MICE, leisure tourism and media industries. Being a marketing trailblazer in times of digital disruption, he is one of the pioneers in content marketing during the internet boom. He led and managed the marketing outreach programme for the world’s largest Singapore FinTech Festival where he significantly increased the number of participants year on year from 14K in 2016 to over 40K from 127 countries in 2018.


Devika is the Director of Human Resource and is responsible for Propine’s implementation of the organisation’s mission and talent strategy, ensuring HR programs and initiatives are efficient and aligned to the overall business objectives. Devika brings over 14 years of experience in core human resource roles and has been part of successful start-up ventures & teams in hospitality, retail & e-commerce (B2B). Most recently, Devika was the Director – Human Resources at ShopX, where she was responsible for the people function and supported the rapid yet strategic expansion for the company, whilst anchoring fundamental values and culture for the organisation.


Stoyan is in charge of investigating market agents’ goals and impediments and addressing them through a portfolio of products to ensure a perfect fit. He maintains clear product specifications and collaborates with all specialists in the delivery of market-expected products. Stoyan has over 14 years of tech and innovation experience across healthcare, food, and industrial automation industries. He holds a degree in applied mathematics and is an accredited trainer for IREB, ICAgile, and Scaled Agile certification classes. He is a frequent speaker and collaborates with organisations like IIBA, PMI, and Business Agility Institute. Stoyan spends his spare time on outdoor hobbies, social work, and philosophy and is a proud owner of an Alaskan Malamute.


Malachy Kirwan comes with an extensive asset servicing experience in the financial services industry. This experience was developed at State Street Corporation and Goldman Sachs over 14 years where Malachy held positions in client service and operations, covering fund accounting, custody and middle office services. Over this time Malachy has serviced both traditional and alternate asset classes. Malachy has a Bachelor of Arts (Hons) Degree from Dublin City University.


Luis Lage has joined Propine as Senior Manager of Operations. In his role, he is responsible for running the daily operations. Luis has over 15 years of experience in the financial services industry in operations and project management roles in organisations like State Street Bank, Capita Life and Pensions and Royal Bank of Canada. In his free time, Luis likes to cook and read.