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Ex-chancellor Hammond says his crypto firm Copper is becoming a ‘grown up’ after job cuts

Lord Hammond remains bullish on crypto despite headwinds for his firm

'Periods of very fast growth often don’t coincide with periods of huge attention to detail', Lord Hammond says
'Periods of very fast growth often don’t coincide with periods of huge attention to detail', Lord Hammond says Photo: Takaaki Iwabu/Getty Images

Former chancellor Lord Philip Hammond said his crypto firm Copper is on the way to becoming a "grown-up infrastructure provider" in the wake of job cuts at the business.

Copper was a "very fast-growing slightly excitable, tech-focused business", Lord Hammond said in an interview with CityAM, but had now moved "90%" towards being a mature enterprise.

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