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    Former U.K. Chancellor Philip Hammond has joined crypto infrastructure provider Copper as a senior adviser.

    • Now a member of the House of Lords, the former chancellor will provide strategic advice to the company’s global expansion efforts, Copper announced Monday.
    • Hammond served under Prime Ministers David Cameron and Theresa May from 2010 to 2019, including three years as chancellor and two as foreign secretary.
    • Copper, which says it has over 400 institutional clients, raised $25 million led by hedge fund manager Alan Howard in June supplementing the $50 million Series B funding round of a month earlier co-led by Dawn Capital and Target Global.

    Read more: 21Shares Taps Copper for Custody of Crypto ETPs

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