Sebbata was most recently CEO at APM Capital Markets, which acquired the FCA-regulated arm of neobroker BUX earlier this year.

Revolut is hiring a Head of Brokerage for its local crypto entity, as well as a compliance officer for its separate wealth and trading division.

XTB is hiring for a Head of Crypto and has an entity set up in Cyprus that could feasibly run it. The signs point to this happening in the near future.

oneZero said it will use the funds from Golden Gate Capital to continue its organic growth, but also hinted at the possibility for M&A.

Mahesh Sethuraman has also been made Singapore CEO at Saxo Bank. The changes come after Adam Reynolds left the firm two months ago.