Crypto prime brokerage and trading services provider Copper.co announced on Monday that it has appointed Amar Kuchinad as its Global CEO.
Kuchinad will replace outgoing CEO and company founder Dmitry Tokarev, who had been in the role for over seven years. In a statement, Copper said that Tokarev will continue to have a say at the company, with a position on the board. He also remains a significant shareholder in the company.
“We covered all bases to find the right candidate for this vitally important role and I know that that Amar is ideally placed to ensure Copper’s continued long-term success,” said Tokarev. “As our Board’s Founder Director, I will continue to be closely involved as we embark on this pivotal new chapter and the next phase of our company’s evolution.”
Kuchinad was at Credit Suisse for almost a decade from the mid-90s through to the 2000s. After this he spent over six years at Goldman Sachs as Head of US Portfolio Credit Trading.
He also has experience as a founder, having launched bond trading firm Electronifie. He has also worked at the US Securities and Exchange Commission and at fund management group Pretium.
“Since its inception, Copper has set the institutional standard for digital assets,” said Kuchinad. “This remarkable track record of innovation and growth is testament to Dmitry Tokarev’s years of visionary leadership, both as Founder and CEO. I look forward to working alongside Dmitry, the Board, and an outstanding global team to lead the next phase of Copper’s global growth.”
