CMT Digital CEO Colleen Sullivan Steps Down: Report

CMT Digital CEO Colleen Sullivan Steps Down: Report

The CEO and co-founder of CMT Digital, the investment arm of Chicago-based proprietary trading firm CMT Group, Colleen Sullivan, 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 Chicago DeFi Alliance (CDA) 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 story is developing.