Digital asset-backed securities provider ETC Group has altered its senior management structure. Company founders Tim Bevan and Bradley Duke, currently co-CEOs, will now be CEO and chief strategy officer respectively.
Bevan will lead the exchange-traded products business, while Duke will oversee company strategy and look for further opportunities for the firm. He will also serve as non-executive chairman for the group’s UK division.
ETC Group was founded in 2019, and facilitates investors’ engagement with the digital assets and blockchain ecosystem. It has developed a number of digital asset-backed securities, launched the first centrally-cleared Bitcoin exchange-traded product and produced Europe’s first Metaverse exchange-traded fund.
