Xapo Bank Appoints Tommy Doyle as London Head to Accelerate Bitcoin-Backed Loan Push

The Gibraltar-based Xapo Bank has appointed Tommy Doyle as its London Head of Relationship Management, according to CoinDesk. Doyle brings institutional sales and prime brokerage experience from roles including Head of Europe at FalconX and hedge fund sales at Coinbase, in addition to prior positions at Goldman Sachs, Citigroup and Bank of America, reinforcing Xapo’s client coverage capabilities.

Xapo Bank, regulated by the Gibraltar Financial Services Commission (GFSC) and headquartered in Gibraltar, expanded its product suite earlier this year by offering bitcoin-backed loans. The addition augments the bank’s regulated custody and secured lending services for institutional counterparties seeking crypto-collateral solutions within a licensed framework.