Cor Prime Appoints Tim Bevan as CEO, Eyes Institutional Digital Asset Lending Launch

By: finance magnates|2025/05/07 03:15:01
0
Share
copy
Cor Prime, a recently launched crypto prime broker and part of Deus XCapital, appointed seasoned finance executive Tim Bevan as its CEO. The movecomes as the firm gears up for its go-live phase and positions itself as aregulated player in institutional digital asset lending. Industry Veteran Returns to Prime Brokerage Bevan takes over from Deus X Capital CEO Tim Grant,who had been acting as CEO during Cor Prime’s build-out phase. “Very excited to have joined Cor Prime as CEO, Bevan announcedon LinkedIn. It’s an incredibly talented group of people dedicated todelivering what the digital assets market desperately needs: access towholesale finance through sophisticated & regulated global infrastructure. Bevan most recently served as CEO of ETC Group, acrypto ETF issuer, for four years. He exited the firm following its acquisitionby Bitwise in late 2023. Before that, Bevan led BCS Global Markets’ UKoperations and oversaw global prime services for seven years. Based in London, Cor Prime aims to offer principal andprime lending services to institutional players in digital assets. The firm is reportedlyseeking regulatory approval in Bermuda and Abu Dhabi, where it intends to beinitially licensed. It also plans to operate globally, targetinginstitutions with wholesale finance needs through a risk-managedinfrastructure. Expect ongoing updates as this story evolves. Cor Prime, a recently launched crypto prime broker and part of Deus XCapital, appointed seasoned finance executive Tim Bevan as its CEO. The movecomes as the firm gears up for its go-live phase and positions itself as aregulated player in institutional digital asset lending. Industry Veteran Returns to Prime Brokerage Bevan takes over from Deus X Capital CEO Tim Grant,who had been acting as CEO during Cor Prime’s build-out phase. “Very excited to have joined Cor Prime as CEO, Bevan announcedon LinkedIn. It’s an incredibly talented group of people dedicated todelivering what the digital assets market desperately needs: access towholesale finance through sophisticated & regulated global infrastructure. Bevan most recently served as CEO of ETC Group, acrypto ETF issuer, for four years. He exited the firm following its acquisitionby Bitwise in late 2023. Before that, Bevan led BCS Global Markets’ UKoperations and oversaw global prime services for seven years. Based in London, Cor Prime aims to offer principal andprime lending services to institutional players in digital assets. The firm is reportedlyseeking regulatory approval in Bermuda and Abu Dhabi, where it intends to beinitially licensed. It also plans to operate globally, targetinginstitutions with wholesale finance needs through a risk-managedinfrastructure. Expect ongoing updates as this story evolves.

You may also like

Strive to buy Strategy stock, Bitcoin Treasury company starts nesting dolls with each other

Bitcoin hodlers are starting to nested be in each other.

Key Market Intel on March 12th, how much did you miss out on?

1. On-chain Funds: $29.7M inflow to Hyperliquid today; $30.9M outflow from Base 2. Biggest Gainers/Losers: $DRV, $LYN 3. Top News: US plans to release 172M barrels of oil to curb prices, on-chain pre-market crude oil gains narrow by 4%

The new center of Crypto

But the market is constantly evolving. By 2026, companies that can adapt to the new environment will survive, while those that continue to rely on the old script may face the fate of elimination.

Former Coinbase CPO's lengthy article: I have regrets, but I still firmly believe in Crypto

People often fantasize that wealth comes from catching every new wave. Sometimes this is true. But more often, wealth comes from riding a real wave and not blindly paddling away every time the water splashes around.

Hormuz Strait Triggers Oil War, Will the Fed Blink with a Rate Cut in June?

Polymarket data shows that the current market is betting a 64% probability of an interest rate cut in June this year, with the probability rising to 81% for September.

After Law Enforcement in the US and the UK Seized Cryptocurrency, ‘Asset Return’ Never Really Happened

The digital assets that should have been returned to the victims have quietly flowed into government treasuries, strategic reserve funds, and law enforcement agencies' operational budgets.

Popular coins

Latest Crypto News

Read more