The conclusion of Copper’s latest funding round follows months of previous deliberations with the UK’s financial regulator, the FCA
A former Citi executive becomes COO of crypto custodian Copper.co
Tokarev started his career as a Quant, having graduated from Imperial College, London, with a Distinction in Risk Management and Financial Engineering.
Traditional financial players are very accustomed to following strict regulatory guidelines and digital assets pose a challenge, according to Copper’s Barber.
“The latest wave we’ve seen has been the coming of the large financial institutions that really have been prompted by their clients to enter the space,” Kostadinov said.