Crypto Custody Firm Copper’s Asia Exec to Join Ledger

Cryptocurrency custody firm Copper head of sales in APAC, Takatoshi Shibayama is to join crypto wallet provider Ledger from January 2025.

Shibayama is based in Singapore and led Asia sales at the crypto prime brokerage and custodial firm. Prior to the role, he was an analyst and investor of distressed corporate situations. He started his career with investment banks such as JPMorgan and Goldman Sachs.

Shibayama also worked at the US hedge fund Davidson Kempner Capital Management, and co-founded 3D Investment Partners in Singapore, with nearly $1 billion in assets under management.

A spokesperson from Copper was unavailable for comment when contacted by CryptoNews.

Copper Departures and New Management

According to a source, Shibayama will be joining as a general manager or managing director of APAC at Ledger and the start date is mid-January next year.

Copper has seen a number of high-profile departures recently. The firm lost its global head of sales Mike Milner who left the firm after five years joining Concordium.

In October, Copper announced it had appointed Amar Kuchinad as its new global CEO.

Kuchinad is leading Copper’s global growth strategy, and driving its institutional-first approach.

Kuchinad took over as CEO from Copper’s founder Dmitry Tokarev, who took a step back from his role as CEO after seven years.