Jason Chung is the Chief Financial Officer (CFO) of Riot Platforms, Inc., a vertically integrated Bitcoin mining and digital infrastructure company. [1] [2] He was appointed to the role in January 2026 after serving as the company's Executive Vice President and Head of Corporate Development & Strategy since joining in June 2022. [3] [4] Before transitioning to the digital asset industry, Chung established a career of approximately two decades in investment banking, where he specialized in mergers and acquisitions (M&A). [5]
Jason Chung holds a Bachelor of Commerce degree from the University of Toronto. [6] [7] In addition to his undergraduate degree, he is a Chartered Financial Analyst (CFA) charterholder, a professional designation awarded by the CFA Institute. [5]
Chung's professional career spans over two decades, beginning in traditional finance and investment banking before he moved into an executive role within the cryptocurrency mining sector. [8]
Prior to joining Riot Platforms, Chung had an extensive career in investment banking, focusing on M&A, corporate finance, and strategic advisory. [1] His work was primarily concentrated within the technology, media, and telecom (TMT) and financial technology sectors. [3] [9]
His last role in traditional finance was as a Managing Director in the Mergers & Acquisitions group at Nomura Holdings Inc. [5] [6] During his tenure, he lived and worked in both New York and Hong Kong, where he was involved in building and growing advisory teams. [7] He advised a global client base on complex, cross-border transactions across North America, Europe, and Asia, with target companies located in countries including the United States, Canada, Germany, Japan, Korea, France, and Singapore. Throughout his investment banking career, Chung provided advisory services on M&A transactions valued at a total of nearly $20 billion. [5]
While details of his full career progression vary across publicly aggregated sources, his experience includes senior roles at several major financial institutions. [8] [1] In addition to his primary roles, Chung has also served as an advisor to Oasis Pro Markets, a firm specializing in digital asset securities, starting in January 2021. [10]
Chung transitioned from investment banking to the digital asset industry in June 2022, when he joined Riot Platforms, which was then known as Riot Blockchain. [4] His move was reported on June 1, 2022, noting he was joining the Castle Rock, Colorado-based company from his position as a Managing Director at Nomura in Hong Kong. [4]
Chung was initially appointed as the Head of Corporate Development and Strategy. [6] In this capacity, he was responsible for leading and coordinating the company's corporate development, capital markets, mergers and acquisitions, and investor relations initiatives. [7] In 2023, he was promoted to Executive Vice President while continuing to lead these strategic efforts. [5] He played a key role in the company's strategic growth, contributing to business development efforts and the development of major projects, including the Riot Corsicana Facility. [3]
On January 2, 2026, Riot Platforms announced that Chung would be appointed as the company's next Chief Financial Officer. [11] [12] The leadership transition was part of a planned succession, with Chung taking over from the outgoing CFO, Colin Yee, who transitioned into a Senior Advisor role to ensure a smooth handover. [9] [13]
The transition to the CFO role is scheduled to become effective on or around March 1, 2026, upon the filing of Riot's Annual Report on Form 10-K for the fiscal year ended December 31, 2025. [6] [1] Concurrent with his promotion, Chung's annual base salary was increased from 550,000. [11]
In his expanded role as CFO, Chung leads Riot's finance organization while continuing to oversee the company's Corporate Development and Investor Relations departments. The consolidation of these functions under his leadership was designed to enhance strategic alignment with Riot's long-term growth ambitions in digital infrastructure. [12]
Upon the announcement, Riot CEO Jason Les stated, "I am pleased to appoint Jason Chung as Riot's next CFO. His extensive experience and solid track record of delivering value-creating results, combined with his expertise in capital markets and corporate development, make him the ideal leader to guide our capital allocation strategy as we execute on our ambitious growth plans. Consolidating our finance and strategy functions under Jason’s leadership positions Riot to move with even greater strategic alignment as we continue to execute on our long-term strategy." [12]
In response to his appointment, Chung commented, "I am honored to step into the CFO role at such a transformative time for Riot. Having led our corporate development efforts, I see a tremendous opportunity to further integrate our financial discipline with our growth ambitions in digital infrastructure. I look forward to working with our talented finance team to drive operational efficiency and disciplined capital deployment, ensuring continued value creation for our shareholders." [1]
Chung is a recognized figure in the digital asset industry and participates in industry events as a speaker. [2] He is scheduled to speak at the Consensus Hong Kong 2026 conference on February 12, 2026. At the conference's Global Bitcoin Summit, he is slated to be a panelist for a session titled, "BTC Mining in the US and Beyond: Understanding the Next Frontiers for Hashrate Growth." [6]