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Ex-Chancellor Hammond takes plunge into crypto space with Copper adviser role

Institutional investors are the next target for the crypto world as firms gear up for expansion with political hires

Former Chancellor of the Exchequer, Lord Hammond
Former Chancellor of the Exchequer, Lord Hammond Photo: Daniel Leal-Olivas/Getty Images

Former Chancellor Lord Philip Hammond has become the latest high-profile politician to join the crypto craze as he takes an adviser role at startup Copper.

Hammond will provide strategic advice to the London-headquartered company as it prepares to expand globally, according to a statement released by the firm, which provides digital currency custody and trading services to institutional investors.

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