Zodia Markets appoints Ayad Butt as Head of Sales and Trading for Africa and Middle East

Wednesday, 8 November, 2023 – UAE – Zodia Markets, the institution-first digital asset exchange and brokerage platform backed by Standard Chartered, is pleased to announce the appointment of Ayad Butt as Head of Sales and Trading for Africa and Middle East. Ayad will be based in Abu Dhabi, and his appointment coincides with Zodia Markets’ receipt of…

Stay informed

Catch Zodia Markets in the latest news.

Share

Wednesday, 8 November, 2023 – UAE – Zodia Markets, the institution-first digital asset exchange and brokerage platform backed by Standard Chartered, is pleased to announce the appointment of Ayad Butt as Head of Sales and Trading for Africa and Middle East. Ayad will be based in Abu Dhabi, and his appointment coincides with Zodia Markets’ receipt of In-Principle-Approval from ADGM, reflecting the company’s ongoing commitment to the region.

Ayad’s appointment underscores Zodia Markets commitment to providing innovative, comprehensive, and professional digital asset services to its client base. Bringing a wealth of experience to this new role, he was most recently running his own ADGM registered Crypto Derivatives trading business, 5 Lanes. Prior to establishing 5 Lanes, he held a prominent position at Bloomberg having also previously served in a variety of senior FX Options or Macro trading roles in firms including Credit Agricole, Astignes Capital, Citibank and Credit Suisse. 

Ayad shared: “I am excited to join Zodia Markets and look forward to contributing to the growth of an innovative digital assets franchise that offers a comprehensive range of products to a global client base. Africa and the Middle East are a key focus for growth, and I look forward to developing these markets alongside Zodia Markets’ founders, team, and partners.”

Usman Ahmad, CEO of Zodia Markets said: “I am delighted to welcome Ayad to Zodia Markets, his experience enhances our teams’ already extensive capabilities. Ayad’s entrepreneurial blend of digital asset and traditional finance experience will complement and advance Zodia Markets’ strategic growth ambitions.” 

Media enquiries: Please reach out to Marketing@zodiamarkets.com

Related articles

  • Compliance is Queen: a conversation with Hema Patel and Anna Bettencourt

    Hema Patel and Anna Bettencourt female leadership digital asset compliance

    Between them, they oversee global regulatory jurisdictions shaping a single, harmonised compliance framework.

    Read more: Compliance is Queen: a conversation with Hema Patel and Anna Bettencourt
  • UK pension fund Bitcoin allocation is reshaping institutional thinking

    Cartwright Pension Trusts

    The information contained in this article is for informational purposes only and to serve as a basis for discussion. It is not intended to be, and should not be construed as, financial or investment advice or a recommendation or solicitation to buy or sell any cryptocurrency or other digital asset. In October 2024, a UK…

    Read more: UK pension fund Bitcoin allocation is reshaping institutional thinking
  • Zodia Markets calls on Merriam-Webster to add “Stablecoin” to the dictionary

    Merriam-Webster Stablecoin

    London, UK – Tuesday 14th October 2025 — Zodia Markets, the digital asset platform reengineering how institutional capital moves, has formally submitted the term “stablecoin” to Merriam-Webster for dictionary inclusion, calling on the publisher to recognise one of the most widely used words in modern finance. Although stablecoin appears in the Oxford English Dictionary, Collins…

    Read more: Zodia Markets calls on Merriam-Webster to add “Stablecoin” to the dictionary
  • Interview: Emma Critchley-Lloyd, Chief Marketing Officer, Zodia Markets

    Emma Critchley-Lloyd, Chief Marketing Officer, Zodia Markets, Crypto, Digital Assets CMO

    Bharvi Hadani shares her journey from software developer to digital assets COO, why stablecoins represent one of the most exciting opportunities in institutional finance and how female leadership can help shape a stronger, more innovative future for the industry.

    Read more: Interview: Emma Critchley-Lloyd, Chief Marketing Officer, Zodia Markets

Latest