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

  • N3XT and Zodia Markets Partner to Enable 24/7 Instant USD Payments Across Zodia’s Institutional Digital Asset Ecosystem

    N3XT and Zodia Markets partnership for real-time institutional USD settlement and digital asset trading.

    N3XT, the blockchain-powered narrow bank built for instant, programmable B2B payments, and Zodia Markets, the digital asset platform enabling institutional capital through stablecoins, today announced a partnership to deliver real-time U.S. dollar settlement across Zodia Markets’ client base. The collaboration tackles a core friction in digital asset markets, where fragmented banking access and restricted operating…

    Read more: N3XT and Zodia Markets Partner to Enable 24/7 Instant USD Payments Across Zodia’s Institutional Digital Asset Ecosystem
  • 2025 Annual Report, Beyond T+0

    2025 Annual Report, Zodia Markets Beyond T+0

    Key metrics, client milestones and market shifts that are reshaping the future of finance.

    Read more: 2025 Annual Report, Beyond T+0
  • BCB Group and Zodia Markets launch instant settlement and institutional liquidity via BLINC Network integration 

    BCB Group and Zodia Markets launch instant settlement and institutional liquidity via BLINC Network integration 

    BCB Group and Zodia Markets today announced the successful go-live of Zodia Market’s integration onto BCB’s BLINC Network. BLINC (The BCB Liquidity Interchange Network Consortium) is BCB Group’s proprietary instant payments network, offering instant, reliable, 24/7/365 and limitless settlement for the BCB client ecosystem, which includes exchanges, industry-leading liquidity, FX providers, stablecoin issuers, traders, funds…

    Read more: BCB Group and Zodia Markets launch instant settlement and institutional liquidity via BLINC Network integration 
  • Zodia Markets partners with Currency.com to deliver institutional-grade deep liquidity

    Zodia Markets, the institutional digital asset marketplace backed by Standard Chartered and OSL Group, partners with Currency.com to provide bank-grade crypto liquidity, high-volume trade execution, and global digital finance infrastructure for enterprise and high-net-worth clients.

    Zodia Markets, the institutional-grade digital asset marketplace backed by Standard Chartered and OSL Group, is pleased to announce a strategic partnership with global digital finance provider, Currency.com. Under this collaboration, Zodia Markets will provide Currency.com with deep liquidity and robust execution services, enabling the platform to scale its support for large volume, high notional transactions.…

    Read more: Zodia Markets partners with Currency.com to deliver institutional-grade deep liquidity

Latest