News, Updates

Amina Ojeifo joins the Solidi team as Head of Marketing

We're delighted to welcome Amina Ojeifo as our Head of Marketing starting February 2022. She has taken on strategic leadership role to further accelerate growth in the distribution efforts of our marketing content in the UK and Europe. Amina's role will include the planning of prospect outreach, engagement campaigns and thorough execution to achieve Solidi's expansion objectives on market positioning, brand building, and lead generation.

Amina brings to the team years of experience in marketing communication and business development in the financial services industry. In her previous roles in the wealth management, family office and investments industry, she was responsible for executing the marketing strategy, events management, creating marketing content, PR collaborations and relationship building with external organisations to identify opportunities for speaking and sponsorships of industry events.

Aside from her marketing career, Amina ran a non-profit charity organisation that supports the wellbeing of the less privileged and was also the chair for the UK and European Women's ERG (Employee Resource Group) at her previous firm, which was set up to cultivate an inclusive, equitable and supportive culture that ensure women thrive in the firm.

"I am delighted to welcome Amina to Solidi, finally filling one of our longest standing vacancies with someone truly fit for the role. Amina brings to the orgainisation a wealth of relevant experience in the financial sector that will enable Solidi to clearly communicate the benefits of our crypto investment products to the rapidly growing alternative finance space."
Jamie McNaught, CEO & Founder of Solidi comments

Amina will be working closely with our compliance and engineering team as we continue to expand Soldi's product offerings while maintaining our strict regulatory compliance, in line with our full CryptoAssets registration with the FCA.

by Solidi Staff , Feb 28, 2022

News, Partnerships

Solidi and Asset Reality to cooperate in asset seizure and recovery

Solidi, a leading UK based crypto asset exchange and custody provider, is pleased to announce a new strategic partnership with Asset Reality, the world’s first end-to-end solution for recovering, managing and realising seized crypto assets. The partnership will combine the talents of both firms to offer an innovative solution in storing seized digital assets to support asset recovery in civil and criminal cases.

By working together Solidi and Asset Reality aim to build a cost effective and straightforward solution to the challenge faced by law enforcement. The combined effort paves a way for law enforcement to secure digital assets from criminals and where possible, return those assets to the victims of crime at the conclusion of the case. This can be very challenging given the nature of crypto currency, differing legal and regulatory regimes and the common lack of knowledge or expertise in many investigation teams.

Solidi is an FCA registered custodian of digital assets and a crypto exchange. Our platform combines multiple layers of security with a tried and tested cold storage vault to ensure stored digital assets are protected. Our cold storage solution recently celebrated its 7th year of flawless operation during which it has successfully secured hundreds of millions of crypto assets. At Solidi we work closely with regulators to implement best practice in safeguarding and trading digital assets. We see Asset Reality as a key partner in the asset recovery space. We are pleased to be working with them in such an important area that will be of significant benefit to the future of digital assets and to victims of complex financial crime.

Solidi CEO Jamie McNaught commented:

“Through exchanges such as Solidi, the Crypto asset space has become increasingly easy to enter during the last 5 years. However, by lowering the barrier to entry we have witnessed an explosion in crypto being used in scams and money laundering. Blockchain analysis and an increasingly technically astute police force has resulted in a surge in asset recoveries, necessitating a secure storage solution to protect seized assets during the legal process.“

“Our partnership with Asset Reality provides a single ‘one-stop-shop’ for the management, storage and eventual liquidation of seized assets, lowering costs & complexity to achieve a better result for the victims of crime.”

Paul Munson (Solidi, Head of Compliance & MLRO) added:

"We are excited to be partnering with Asset Reality to support the seizure and forfeiture of criminal virtual assets for the greater good of society. Solidi is a company built with a focus on being customer driven and delivering a safe and secure platform to invest in cryptocurrency."

Aidan Larkin (Chief Executive Officer at Asset Reality) commented:

“Asset Reality are delighted to be expanding our network of FCA registered digital custodians by working with Solidi. One of the biggest challenges in crypto asset recovery is finding compliant and trusted solutions for the extensive breadth of different types of digital assets that public and private sector organisations are now seizing and need insured custody solutions. Our role is to identify these strategic partners to enable an end to end solution in crypto asset recovery and we’re proud to adding Solidi to our stable of insured custodians for our clients around the world.” Read More

by Paul Munson , Feb 24, 2022

News, NewHires

Paul Munson named New Head of Compliance at Solidi

We are delighted to announce that Solidi has appointed Paul Munson as our new Head of Compliance and Money Laundering Reporting Officer.

Paul brings to Solidi a wealth of experience in investigation, intelligence, compliance audit and regulatory affairs, gained during his 20 year career in organisations including Circle Financial, E-Money Association, Financial Conduct Authority, Serious Fraud Office and HM Revenue & Customs.

"Paul brings to the organisation a rare mix of highly detailed knowledge of the appropriate regulations while at the same time a practical approach to integrating compliance right into the heart of the business and product development process. I know I speak for the whole team in saying that we are delighted to have Paul on board and look forward to continuing to build the best, regulatory complaint, crypto products."
Jamie McNaught, CEO & Founder of Solidi

Paul will be working with our engineering teams to continue to expand Soldi's product offerings while maintaining our strict regulatory compliance, inline with our full CryptoAssets registration with the FCA.

Paul joined the Solidi team in September 2021. Read More

by Jamie McNaught , Oct 21, 2021

News, Regulation

Solidi gains full FCA CryptoAssets registration

Today, we are delighted to announce that Solidi is now fully registered as a CryptoAssets business with the UK Financial Conduct Authority (FCA). Solidi is the only UK exchange with instant onboarding that has passed the high bar of FCA registration.

Only 3 retail exchanges have become fully registered, along with 6 other firms out of a total of 100 firms who applied. Read More

by Jamie McNaught , Aug 11, 2021

Old News