Newly launched crypto prime broker Cor Prime, part of Deus X Capital, has announced that it has recruited experienced industry executive Tim Bevan as its new CEO.
Tim Bevan takes over the CEO role from Deus X Capital CEO Tim Grant.
Tim Bevan spent the past six years at crypto ETF player ETC Group, where he was CEO for four years, leaving late last year after the company was acquired by Bitwise. Before becoming a co-founder of ETC Group Tim was at trading and prime brokerage firm BCS Global Markets, where for seven years he served as CEO UK & Global Head of Prime.
Tim Grant posted the following note on social media regarding Tim Bevan’s hiring.
Cor Prime has a new CEO!
I took on the role of CEO of Cor Prime, as part of the Deus X Capital venture building portfolio, and alongside our extremely capable team we have worked hard to build a truly differentiated proposition for credit provisioning in digital assets. As we move towards our go-live moment, we are delighted to bring on and welcome our new CEO Tim Bevan. Formerly CEO of crypto ETF player ETC Group, Tim brings the right experience across prime brokerage, tradfi and digital assets and is uniquely placed to take the helm and drive Cor Prime into the market.
I’m really looking forward to working and partnering with Tim Bevan as Executive Chairman of Cor Prime going forward.
Watch this space…much more to come in 2025…
About Cor Prime
Cor Prime intends on becoming a regulated prime of prime broker for the digital asset markets, and will offer principal and prime lending for institutional investors in the digital asset space, pending regulatory approval. Cor Prime is based in London and operates globally, taking in institutional risk capital and providing risk-managed lending solutions for investors in digital asset markets. Pending approval, Cor Prime aims to be initially regulated out of Bermuda and Abu Dhabi.
