Share this article
Brevan Howard Appoints Former CMT Digital CEO Colleen Sullivan to Lead Crypto Investments
The hedge fund manager is also forming a new crypto-focused division called BH Digital.
Updated May 11, 2023, 4:14 p.m. Published Sep 13, 2021, 8:23 a.m.
Make us preferred on Google
Hedge fund manager Brevan Howard named Colleen Sullivan, a co-founder and former CEO of CMT Digital, to lead its investments in crypto. She will join Brevan Howard shortly, the firm said in an email Monday.
- Sullivan stepped down as CEO of CMT Digital, the investment arm of Chicago proprietary trading firm CMT Group, last month.
- Brevan Howard is also forming a new crypto-focused division called BH Digital.
- It was reported in April that the fund manager was planning to allocate up to 1.5% of its main fund (worth $5.6 billion at the time) to direct exposure in cryptocurrency.
- CMT Digital had invested in several large crypto firms, such as crypto derivatives platform ErisX, crypto lender BlockFi, crypto-friendly Silvergate Bank and crypto venture capital pioneer Polychain Capital.
Read more: Financier Alan Howard Owns 5.8% of German Crypto Asset Management Firm Iconic Holding
STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters
More For You
Higit pang Para sa Iyo
South Korea’s Hanwha makes a $13 million bet on ‘seedless’ crypto wallets
The South Korean financial firm backs the U.S.-based blockchain company to accelerate enterprise wallet technology and real-world asset tokenization.
Ano ang dapat malaman:
- Kresus has secured roughly $13 million (KRW 18 billion) from Hanwha Investment & Securities.
- The funding will support enterprise wallet infrastructure and real-world asset (RWA) tokenization platforms.
- The deal signals continued institutional investment in blockchain infrastructure despite uneven crypto markets.
Top Stories
