Zodia Custody appoints new CFO, Jonathan Hugh

Zodia Custody, a leading institution-first digital asset custodian whose shareholders include Standard Chartered, SBI Holdings and Northern Trust, has appointed Jonathan Hugh as the firm’s new Chief Financial Officer, effective immediately. 

As part of his role, Jonathan will be responsible for overseeing the bank-owned custodian’s financial operations, helping to enforce Zodia Custody’s global growth as the company expands into new markets. The senior hire comes at a big moment for the firm; following a number of major client wins including LMAX, CoinShares, Blockfills and Hidden Road Partners, a successful $36M Series A funding round, and recent geographical expansions into Luxembourg, Japan and Dubai. Hugh will also contribute to enhancing internal capabilities and efficiencies, while building in greater disciplines as Zodia Custody continues to develop its offering globally. 

Hugh joins the Zodia Custody team from GSR, the liquidity provider and crypto market maker, where he held the same position and led the firm through significant growth. Prior to this, Jonathan held various senior positions with ED&F Man, Noble Group and Centrica.

“Jonathan is an excellent addition to our growing team, and brings a real wealth of experience and expertise in the digital assets space,” said Julian Sawyer, CEO of Zodia Custody. “He is joining the team at an incredibly exciting moment as we position ourselves for significant scale, while building the market infrastructure that allows all institutions to truly harness the exciting opportunities that digital assets offer.”

“Zodia Custody has a rich heritage in championing a unique, institution-first approach to digital asset custody,” said Jonathan Hugh, CFO of Zodia Custody. “I look forward to taking on my next challenge, being part of this ambitious team and contributing to our strategic growth.”

Photo by Fernando Venzano on Unsplash

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