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    Home > Finance > Former UK finance minister Hammond joins crypto firm Copper.co as adviser
    Finance

    Former UK finance minister Hammond joins crypto firm Copper.co as adviser

    Published by maria gbaf

    Posted on October 12, 2021

    1 min read

    Last updated: January 29, 2026

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    Graph illustrating decline in German retail sales amid COVID-19 restrictions - Global Banking & Finance Review
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    Quick Summary

    Philip Hammond, former UK finance minister, joins Copper.co as a senior adviser, supporting the crypto firm's global expansion and strategy.

    Philip Hammond Becomes Adviser for Crypto Firm Copper.co

    (Reuters) – Cryptocurrency trading firm Copper.co said on Monday former British finance minister Philip Hammond has joined it as a senior adviser to help with strategy as the London-based company expands its global footprint.

    Copper.co provides tools and services to acquire, trade, and store cryptocurrencies. The company completed an extended $75 million funding round in June, led by investor Alan Howard, and venture capital firms  Dawn Capital and Target Global.

    “Over the last 18 months, Copper has grown exponentially, now serving over  400 institutional clients … With Lord Hammond’s expertise adding to the strength of our team, we look forward to growing Copper,” said Chief Executive Officer Dmitry Tokarev.

    (Reporting by Pushkala Aripaka in Bengaluru; Editing by Shinjini Ganguli)

    Key Takeaways

    • •Philip Hammond joins Copper.co as a senior adviser.
    • •Copper.co is expanding its global presence.
    • •The firm completed a $75 million funding round.
    • •Copper.co serves over 400 institutional clients.
    • •Hammond's expertise is expected to boost Copper's growth.

    Frequently Asked Questions about Former UK finance minister Hammond joins crypto firm Copper.co as adviser

    1What is the main topic?

    The main topic is Philip Hammond joining Copper.co as a senior adviser to aid in the company's global expansion.

    2Who is Philip Hammond?

    Philip Hammond is a former UK finance minister who has joined Copper.co as a senior adviser.

    3What is Copper.co?

    Copper.co is a cryptocurrency trading firm providing tools and services for acquiring, trading, and storing cryptocurrencies.

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