LME chief Chamberlain steps down to move into cryptocurrencies

Published by
Reuters UK

By Zandi Shabalala LONDON (Reuters) -London Metal Exchange (LME) Chief Executive Matt Chamberlain will step down in April, the exchange said on Friday, in a surprise move after five years at the helm of the world’s largest market for industrial metals. Chamberlain, a former banker who has been at the LME for nine years, has taken the top job at digital asset custody services provider Komainu, his new employer said. Komainu, launched in 2020, is a joint venture between Japanese bank Nomura Holdings, digital asset security firm Ledger and digital asset investment house CoinShares. It safeguards …

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