’s Global Head of Asset Management Is Leaving the Firm

Xen Baynham-Herd, a former UBS banker, had been with for the last five years and led asset management there for the year.

AccessTimeIconFeb 7, 2022 at 2:35 p.m. UTC
Updated May 11, 2023 at 4:10 p.m. UTC
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Xen Baynham-Herd, global head of asset management at crypto exchange and digital wallet provider, is leaving the business, CoinDesk has learned.

  • “The last five years at have been an incredible journey,” Baynham-Herd said in emailed comments. “Now that it’s time to move on, I leave knowing the company is well on its way to execute its mission of bringing crypto to the world.”
  • Prior to joining, Baynham-Herd was a director at Swiss investment bank UBS in its group asset liability management team, according to his LinkedIn profile. He started his career in finance in London as a summer analyst at JPMorgan.
  • “Xen has been a valued member of our leadership team and we wish him the best as he focuses on his growing family and future endeavors,” a spokesperson said via email.
  • In December, the company said it was developing a marketplace for non-fungible tokens (NFTs).


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Will Canny is CoinDesk's finance reporter.

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