Solaris

The move is linked to a new target operating model and the firm’s new CEO, Carsten Höltkemeyer.

The future will bring many metaverse ‘realms’ operating across borders, each with their own digital tokens.

As CEO designate, Höltkemeyer will work alongside current CEO Roland Folz to “orchestrate a smooth transition”.

The Financial Services and Markets Bill signals the next stage of the UK’s efforts to regulate digital assets.