Xapo Bank, a leading crypto-friendly financial institution, has named Tommy Doyle as its new head of relationship management, reinforcing its commitment to deepening client engagement in the global digital assets space. Based in London, Doyle brings a wealth of experience from both traditional finance and the crypto sector.

Bridging Traditional Finance and Crypto Innovation

Doyle’s professional journey includes a notable tenure at crypto prime brokerage firm FalconX, where he served as head of Europe. Drawing on his strong foundation in finance, he also spearheaded hedge fund sales at major crypto exchange Coinbase (COIN). These roles positioned him at the intersection of institutional finance and digital assets, uniquely qualifying him to drive relationship strategies at Xapo Bank.

Earlier in his career, Doyle held prestigious roles at iconic Wall Street institutions, including Goldman Sachs (GS), Citi (C), and Bank of America (BAC). His extensive background in both traditional and emerging financial markets empowers him to forge strategic partnerships that cater to a sophisticated and globally distributed client base.

Xapo Bank’s Crypto-Focused Vision

Headquartered in Gibraltar and regulated by the Gibraltar Financial Services Commission (GFSC), Xapo Bank operates under a robust compliance framework while offering a range of digital asset services. With Doyle steering client relationships, the bank aims to scale its services for high-net-worth individuals and institutions seeking a secure gateway into crypto finance.

Earlier this year, Xapo Bank expanded its offerings with the launch of bitcoin-backed loans of up to $1 million, positioning itself as a pioneering digital bank that integrates traditional banking with crypto-native solutions.

Xapo Bank has introduced bitcoin-backed loans for eligible customers seeking liquidity without selling assets.

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Talent Moves Across the Crypto Landscape

Doyle’s hire also comes in the wake of broader talent shifts in the crypto sector. According to a recent report, FalconX experienced several high-level departures earlier this year, including roles in compliance and regional leadership. Doyle’s move could signify a strategic repositioning for both institutions navigating the evolving crypto landscape.