Cryptocurrency

Zodia Markets CEO ‘open to more acquisitions’ after buying Elwood’s OTC business

Elwood, backed by Goldman Sachs and hedge fund billionaire Alan Howard, could be just one stop on a future crypto buying spree

The boss of Standard Chartered’s crypto shop Zodia says he is looking for ‘the right opportunity at the right value’
The boss of Standard Chartered’s crypto shop Zodia says he is looking for ‘the right opportunity at the right value’ Photo: Getty Images

Zodia Markets chief executive Usman Ahmad is not ruling out more deals after buying the over-the-counter business of Elwood Technologies.

“We are open to more acquisitions. We will absolutely look at the opportunities to scale inorganically, but we will look at them strategically,” Ahmad told Financial News. “It’s all about finding the right opportunity at the right value.”

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