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Eqonex CEO Steps Down Amid Talks of Potential Merger Options
CEO Richard Byworth will step down with immediate effect and be replaced by Chief Operating Officer Andrew Eldon on an interim basis.
The CEO of digital assets financial services firm Eqonex is to step down as the company holds talks on a potential merger or takeover.
- CEO Richard Byworth will step down with immediate effect and be replaced with chief operating officer Andrew Eldon on an interim basis, Eqonex announced Mondayhttps://www.sec.gov/Archives/edgar/data/1790515/000149315221031974/ex99-1.htmSINGAPORE.
- Eqonex is “engaged in ongoing strategic discussions with third parties including the evaluation of merger or takeover options,” according to the statement.
- These moves are being made as part of a broad review of the company’s strategic direction, with the pursuit of “transformational” opportunities, Chairman Chi-Won Yoon said.
Jamie Crawley
Jamie has been part of CoinDesk's news team since February 2021, focusing on breaking news, Bitcoin tech and protocols and crypto VC. He holds BTC, ETH and DOGE.
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