According to Bloomberg, Usman Ahmad, CEO of Zodia Markets Holdings Ltd, a crypto trading subsidiary of Standard Chartered Bank, left the company in early March. The news has not been publicly announced. Former co-lead Nick Philpott has taken over as interim CEO; Zodia Markets was established in 2021 as a joint venture between Standard Chartered Bank and Hong Kong BC Technology Group, mainly providing OTC crypto trading and settlement services with a focus on stablecoin business.
According to Bloomberg, Usman Ahmad, CEO of Zodia Markets Holdings Ltd, a crypto trading subsidiary of Standard Chartered Bank, left the company in early March. The news has not been publicly announced. Former co-lead Nick Philpott has taken over as interim CEO; Zodia Markets was established in 2021 as a joint venture between Standard Chartered Bank and Hong Kong BC Technology Group, mainly providing OTC crypto trading and settlement services with a focus on stablecoin business.