CMT Digital CEO Colleen Sullivan Steps Down: Report
CMT Digital has invested in several large crypto-related companies.
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Colleen Sullivan, the CEO and co-founder of CMT Digital, the investment arm of Chicago-based proprietary trading firm CMT Group, has stepped down, according to a report from TheStreet.
- The report cites two people familiar with the matter and does not say who will be replacing Sullivan.
- CMT Digital has invested in several large firms in the cryptocurrency industry, including crypto derivatives platform ErisX, crypto lender BlockFi, blockchain lending startup Figure, crypto-friendly Silvergate Bank and crypto venture capital pioneer Polychain Capital.
- Under Sullivan's leadership, CMT created the DeFi Alliance with other trading firms in Chicago last year.
- The company has not responded to a request for comment from CoinDesk or stated anything publicly on its Twitter page.
This is a developing story. Check back for updates.
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Diversified RWA stablecoins sustain 5-7% yield from real credit as crypto funding compresses to ~4%. GENIUS pushes yield off-chain; TAM grows to $4B in 3 years.
Diversified RWA stablecoins sustain 5-7% yield from real credit as crypto funding compresses to ~4%. GENIUS pushes yield off-chain; TAM grows to $4B in 3 years.
Why it matters:
Diversified RWA stablecoins sustain 5-7% yield from real credit as crypto funding compresses to ~4%. GENIUS pushes yield off-chain; TAM grows to $4B in 3 years.
