Custodian Copper, a UK-based digital asset custody firm, has recently announced the addition of a slew of leaders to its team. The move has been made in a bid to strengthen the company’s leadership and expand its global footprint. The new team members include experts in the fields of finance, banking, and digital assets, all of whom will play critical roles in the firm’s expansion efforts.
Custodian Copper is focused on providing institutional-grade security and insurance for digital assets such as cryptocurrencies. The firm’s platform is designed to help asset managers, hedge funds, family offices, and other institutional investors store, manage, and trade their digital assets safely and efficiently.
With the rise in popularity of digital assets over the last few years, companies like Custodian Copper have emerged to meet the needs of institutional investors who are looking for secure and reliable ways to manage their digital assets. As the demand for these services continues to grow, so too does the need for experienced leaders who can help guide and drive the growth of these firms.
That’s where Custodian Copper’s new leadership team comes in. The company has brought on several experts with deep experience in the digital asset industry to help lead the firm’s expansion efforts.
Among the new team members is David Gray, who joins Custodian Copper as CFO. Gray brings with him more than 20 years of experience in finance and banking, having previously worked for several major financial institutions, including HSBC, JP Morgan, and BNP Paribas. He will be responsible for overseeing the firm’s financial management and strategic planning.
Another key addition to the team is Tom Greenwood, who joins as Chief Operating Officer. Greenwood has more than 15 years of experience in financial services and has worked for firms such as BlackRock and HSBC. He will be responsible for overseeing the day-to-day operations of the firm, as well as helping to drive its expansion efforts.
Other notable additions to the team include Jon Rout, who joins as Head of Insurance, and Paul Malicki, who joins as Head of Business Development, Asia-Pacific. Both Rout and Malicki bring with them deep experience in their respective fields and will play critical roles in helping to drive the firm’s growth and expansion efforts.
The addition of these experienced leaders is a significant step forward for Custodian Copper, as it looks to expand its global footprint and become a leading provider of digital asset custody services. The firm has already established itself as a trusted provider of these services in the UK, and the addition of these new team members will help it to take its business to the next level.
Custodian Copper’s CEO, Dmitry Tokarev, commented on the new additions to the team, saying, “We are thrilled to welcome such a talented group of individuals to our team. Their deep expertise and experience will be critical in helping us to navigate the rapidly evolving digital asset landscape and continue to provide our clients with the highest level of security, reliability, and service.”
The addition of these new leaders also speaks to the growing demand for experienced professionals in the digital asset industry. As more institutional investors look to invest in digital assets, there is a growing need for firms like Custodian Copper to provide safe and reliable custody services. But in order to do that, these companies need experienced leaders who can help guide their growth and navigate the complex regulatory environment that surrounds the industry.
Overall, the addition of these new team members is a clear indication of Custodian Copper’s commitment to providing the highest level of service to its clients and driving its growth and expansion efforts forward. With these experienced leaders on board, the firm is well-positioned to continue to thrive in the rapidly evolving digital asset landscape.
Custodian Copper has added a number of industry heavyweights to its team as it looks to expand its presence in the crypto custody space. This is big news for the industry as it shows a growing demand for sophisticated solutions.
The hires include veteran financial services executive Arno Kitts as CEO, seasoned legal expert Catherine Gibson as general counsel and chief compliance officer, and former Citigroup and UBS executive Paul Puey as chief operating officer.
Kitts brings a wealth of experience to the role having previously served as CEO of several high-profile financial institutions, including CIT Bank and GE Capital. He is expected to play a key role in expanding the firm’s footprint and building out its institutional-grade custody solutions.
Gibson, who joins from a leading New York law firm, will be responsible for overseeing regulatory, legal, and risk management matters, ensuring the firm maintains the highest standards of compliance.
Puey, who co-founded the bitcoin wallet provider Airbitz, brings his expertise in building and scaling blockchain-focused technology companies to the role. He is expected to help drive the firm’s technology development and operational efficiency.
The appointments are significant for Custodian Copper as it looks to compete with industry giants such as Coinbase, BitGo and Gemini, who all offer similar services. The firm has differentiated itself by offering a range of custody solutions across various digital assets, allowing institutions to store their crypto holdings securely.
The crypto custody space has been growing in recent years as institutional investors increasingly look to add cryptocurrencies to their portfolios. However, concerns around security and custody have often been cited as a barrier to entry, with many traditional custodians hesitant to offer these services due to the perceived risks.
Custodian Copper is entering into a crowded market, but its ability to offer a range of solutions tailored to different digital assets and its focus on security could help set it apart. Its recent hires signal its ambition to become a major player in the space.
This is not the first big announcement from Custodian Copper this year. In May, it raised $50 million in a Series B funding round, bringing its total funding to $93 million. The round was led by venture capital firm Alan Howard’s Elwood Asset Management and also included participation from firms like Target Global, LocalGlobe, and MMC Ventures.
With this fresh capital injection, the firm aims to further expand globally, build out its technology platform, and continue to add innovative solutions to its range of services.
The crypto custody market is still in its infancy and is expected to grow significantly in the coming years as institutional adoption of cryptocurrencies increases. Custodian Copper’s recent hires and funding round demonstrate that the firm is well-positioned to take advantage of this growth and provide the sophisticated solutions that institutional investors are looking for.
Overall, the addition of these new leaders to Custodian Copper’s team puts the firm in a strong position for future growth and expansion. The crypto custody space is becoming increasingly competitive, and investors will be watching to see which providers emerge as the dominant players in this space.