Crypto Custody Firm Copper’s CEO Dmitry Tokarev Plans to Step Down

The CEO of cryptocurrency custody firm Copper, Dmitry Tokarev, is planning to step back from the day-to-day running of the firm and to resign as CEO, according to two people familiar with the situation. The digital assets custodian, which counts the former U.K. Chancellor Philip Hammond as its chairman, is interviewing for a replacement, one of the people said. Tokarev, who helped found the company in 2018, will still be heavily involved in the business, the person said. He remains a significant shareholder. "We do not comment on market rumours or speculation," a Copper spokesperson said in emailed comments.

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