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Ex-Goldman, Morgan Stanley Execs Join Crypto Unicorn Amber
Summary: Amber Group has appointed former Goldman Sachs partner Dimitrios Kavvathas as Chief Strategy Officer, and ex-Morgan Stanley managing director Todd Miller as Chief Operating Officer for the Americas. Sotirios Kavvathas (no relation), who held leadership roles at auditor BDO and Royal Bank of Scotland, will serve as the operations chief for Europe, the Hong Kong-based ...
Amber Group has appointed former Goldman Sachs partner Dimitrios Kavvathas as Chief Strategy Officer, and ex-Morgan Stanley managing director Todd Miller as Chief Operating Officer for the Americas. Sotirios Kavvathas (no relation), who held leadership roles at auditor BDO and Royal Bank of Scotland, will serve as the operations chief for Europe, the Hong Kong-based startup said in a statement. It also added three regional directors for Europe, all of whom hail from the finance industry.
Amber was founded in 2018. In June, the firm raised $100 million from investors including DCM Ventures and Tiger Global Management, boosting its valuation to $1 billion.The startup added 250 employees in the past eight months, bringing its global headcount to nearly 450, Chief Executive Officer Michael Wu said in the statement. Amber manages about $1.5 billion of trading capital and expects revenue to surge tenfold to $500 million this year, co-founder Wu said in an interview in June.
By Amy Liu
Tags: Amber Group,Crypto
Link: Ex-Goldman, Morgan Stanley Execs Join Crypto Unicorn Amber [Copy]