CMT Digital CEO Colleen Sullivan Steps Down: Report

CMT Digital has invested in several large crypto-related companies.

AccessTimeIconAug 24, 2021 at 8:16 p.m. UTC
Updated Sep 14, 2021 at 1:44 p.m. UTC

Colleen Sullivan, the CEO and co-founder of CMT Digital, the investment arm of Chicago-based proprietary trading firm CMT Group, has stepped down, according to a report from TheStreet.

  • The report cites two people familiar with the matter and does not say who will be replacing Sullivan.
  • CMT Digital has invested in several large firms in the cryptocurrency industry, including crypto derivatives platform ErisX, crypto lender BlockFi, blockchain lending startup Figure, crypto-friendly Silvergate Bank and crypto venture capital pioneer Polychain Capital.
  • Under Sullivan's leadership, CMT created the DeFi Alliance with other trading firms in Chicago last year.
  • The company has not responded to a request for comment from CoinDesk or stated anything publicly on its Twitter page.

This is a developing story. Check back for updates.


Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated.

The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. As part of their compensation, certain CoinDesk employees, including editorial employees, may receive exposure to DCG equity in the form of stock appreciation rights, which vest over a multi-year period. CoinDesk journalists are not allowed to purchase stock outright in DCG.

Learn more about Consensus 2024, CoinDesk’s longest-running and most influential event that brings together all sides of crypto, blockchain and Web3. Head to to register and buy your pass now.