Copper continues global expansion with three acquisitions

Copper is setting its sights on a global expansion following the acquisition of three new senior executives including ex-JP Morgan trader Jonathan Tse

Digital asset custody provider Copper has appointed three new senior executives to lead the company’s global expansion.

Michelle Lai, Jonathan Tse and Doug Bilyk bring expertise from across the financial services landscape, from institutional asset management, traditional trading and private equity, through to cryptocurrency trading and fintech.

Singapore-based Michelle Lai joins Copper as the Senior Strategic Advisor for the Asia-Pacific region after she has spent six years working with different fintech companies in Asia and Silicon Valley.

Jonathan Tse, who will serve as a Head of Trading in Hong Kong, has over nine years of experience in trading and financial markets. Most recently he was the Head of Trading at Coinsuper, a Chinese digital asset trading platform, and prior to that, he was an Equity Derivatives Trader at JP Morgan.

Doug Bilyk, meanwhile, will be overseeing Business Development for the United States market, helping Copper to achieve a stronger bridge between its United Kingdom headquarters and US crypto investors. His professional experience in digital assets began in late 2017. With his past trading experience in traditional asset classes, he has focused on Business Development, helping firms build the bridges between digital and traditional finance.

Dmitry Tokarev, Chief Executive Officer, Copper Technologies, said: “I am very pleased to welcome Michelle, Jonathan and Doug as the newest members of our rapidly growing team. While many players in traditional finance have struggled through this global pandemic, unable to quickly adjust to the changing landscape, we have retained the agility to continue growing and expanding exponentially.

“Investors from across the world, from crypto funds through to traditional family offices, have seen the potential benefit of crypto in helping them hedge against COVID-19’s economic impact. However, for investors to take advantage of this alternative exposure, they need the assurance that the digital assets they buy are stored securely and can be traded quickly. With our international expansion, Copper can now enable that on a global scale.

For more news, guides and cryptocurrency analysis, click here.

Related Articles