Cryptocurrency custody firm Copper has appointed Amar Kuchinad as its new global CEO, succeeding Dmitry Tokarev, who will continue to serve as Founder Director on the board. Kuchinad takes the helm as Copper aims to strengthen its U.S. presence and expand globally.

The new CEO previously worked at prestigious firms like Credit Suisse and Goldman Sachs and served as a senior policy advisor to the Securities and Exchange Commission (SEC). This appointment comes as Copper secured a crucial Trust or Company Service Provider (TCSP) license in Hong Kong this past July as part of its expansion plans.