Zodia Custody’s Chief Monetary Officer, Jonathan Hugh, has departed the London-based agency earlier this yr, the corporate mentioned. Samuel Howe, the corporate’s former COO, also recently left the crypto custodian, as reported by CoinDesk.
“Jonathan has been a valued member of the Zodia Custody crew for the final two years and we stay grateful for his deep experience, dedication, and steering throughout a interval of excessive progress for the corporate,” a spokesperson for Zodia Custody mentioned in emailed feedback.
“Whereas such transitions are half and parcel of enterprise, our firm is constant to develop. In 2023 Zodia Custody had 97 staff. Immediately, we’ve grown to 140 staff globally and 2025 will see us deepen our presence in present markets and develop into new jurisdictions,” the spokesperson added.
Hugh didn’t reply to a request for remark by publication time.
Previous to becoming a member of Zodia Custody, Hugh was CFO of crypto market maker GSR.
Earlier than digital belongings, he labored in commodities for ED&F Man and Noble Group, in response to his LinkedIn profile.
Zodia Custody is backed by Customary Chartered Financial institution (STAN), SBI Group, Northern Belief and Nationwide Australia Financial institution (NAB).
Learn extra: Zodia Custody COO Samuel Howe Has Left the Crypto Custodian for Traditional Finance
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