London Metal Exchange CEO, Matthew Chamberlain, will leave the exchange on April 30 to join cryptocurrency custodian Komainu as CEO. According to a press release shared with iHodl, Chamberlain will continue growth of Komainu, as it further develops its platform to offer a range of services for institutional investors.
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Prior to the London Metal Exchange, Chamberlain worked in M&A at Citibank, Perella Weinberg Partners and UBS. Chamberlain expressed his belief in the "transformative capacity of a blockchain-empowered world," adding that such technologies will deliver their potential only with robust infrastructure.
In March 2021, Komainu — founded by Nomura, CoinShares and Ledger — raised $25 million in a Series A funding round led by Alan Howard of Elwood Asset Management, with additional participation from Galaxy Digital, NOIA Capital and Nomura Research Institute.
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