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

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.