Lord Philip Hammond, a former Chancellor of the Exchequer in the United Kingdom has been appointed as the Senior Adviser to London-based digital asset custodian, Copper. Lord Hammond’s role will be centered on providing the Copper team with strategic advice, as the startup looks to expand its business to the United States and Asia.
As Senior Adviser, Lord Hammond will help promote the UK as a leader in digital asset technology, helping Copper to tap into the global market as institutional demand rises. With the coming of Lord Hammond, Copper will seek to build on its impressive growth in the past 18 months, as fueled by its recent capital injection to the tune of $75 million from investors led by Dawn Capital and Target Global.
“Over the last 18 months, Copper has grown exponentially, now serving over 400 institutional clients,” said Dmitry Tokarev, Chief Executive Officer, Copper, “We would like to drive growth in our client base within a regulatory framework which will allo
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