According to CoinWorld, Bloomberg reports that Usman Ahmad, CEO of Zodia Markets, an institutional-grade crypto trading platform jointly established by Standard Chartered Bank and OSL Group, has resigned in early March. The company's official website shows that co-founder and former COO Nick Philpott has taken over as interim CEO. Ahmad has held this position since the company's founding in 2021. Strategically, Standard Chartered Bank is accelerating the internalization of its crypto asset business and plans to launch a comprehensive prime brokerage service within the year. Regarding equity structure, after the $18.25 million Series A funding round completed last summer, major shareholder Standard Chartered Bank's stake has decreased from 84% to 60%, but it still maintains an absolute controlling interest.

View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments