Custodia is pleased to announce that Lisa Hough has joined the bank as Vice President of Strategic Relationships, responsible for helping customers in the U.S. Bitcoin and energy industries “meet their banking and bitcoin custody needs.”
Lisa transitioned to the Bitcoin sector in 2019 “after a successful 10-year career in energy trading, during which she provided counsel to energy companies, public utilities, investment funds and investment banks.”
She has become an outspoken advocate “for the Bitcoin ecosystem in the U.S., where its interruptible power demand characteristic is making it an important component of risk management for energy companies, especially within the State of Texas.”
As an interruptible form of data processing that offers energy companies a new way to monetize every energy molecule, Lisa believes energy companies “will ultimately incorporate bitcoin mining into their operations and, consequently, need bitcoin custody banks that are integrated with their banking and capital markets providers.”
Caitlin Long, CEO of Custodia, said:
“We are thrilled to welcome Lisa into the Custodia family. Her deep expertise in the energy and Bitcoin sectors will be instrumental in accelerating our digital asset-friendly banking and bitcoin custody efforts. Lisa’s strategic insights and industry expertise will be invaluable as we expand our presence in this highly-specialized space.”
Customers in the U.S. energy and Bitcoin industries “that wish to reach Lisa can contact her via info@custodiabank.com.”
As covered, Custodia Bank, Inc. is a Wyoming bank formed “to serve as a compliant bridge to the U.S. dollar payments system and a custodian of digital assets that can meet the strictest level of institutional custody standards.”
Custodia is required to fully comply “with all applicable laws and regulations, including the Bank Secrecy Act and federal ‘know your customer,’ anti-money laundering and related laws and regulations.”
Custodia will also comply “with Wyoming’s special purpose depository institution and digital asset laws, which include requirements that fiat deposits be 100% reserved and that Custodia meet the strictest investor protections in the digital asset industry.”
