CoinCover Appoints Silicon Valley Veteran Jeremy Verba as CEO

Welsh Fintech CoinCover Appoints Silicon Valley Veteran Jeremy Verba as CEO

Cardiff-based digital asset protection firm CoinCover has appointed Silicon Valley veteran Jeremy Verba as its new Chief Executive Officer, marking a significant milestone in the company’s next phase of growth. The announcement was made via the Development Bank of Wales.

Verba joins the Welsh fintech at a pivotal moment for both the business and the wider digital assets sector. Institutional and consumer adoption of digital assets continues to accelerate, with global figures indicating that 86% of institutional investors now have exposure to digital assets, while 820 million crypto wallets were active worldwide in 2025. Traditional financial institutions are also increasingly exploring stablecoin issuance, including nine European banks partnering to issue stablecoins in 2026 and ten major global banks jointly exploring a stablecoin pegged to G7 currencies.

Founded in 2018 and headquartered in Cardiff, CoinCover has positioned itself as a key enabler of trust in the digital asset ecosystem. The company provides wallet recovery solutions underpinned by advanced encryption and decryption technology, enabling institutions and their customers to hold digital assets with confidence. To date, CoinCover has safeguarded more than 600 businesses and protected over 22 million wallets.

The company is a partner to leading digital asset infrastructure providers including Fireblocks, BitGo and Ledger, supporting the secure growth of the global digital assets market.

Verba brings extensive experience in scaling multi-million-dollar technology businesses, including Walmart Video and eHarmony. He has joined several companies at critical inflection points and will now set the strategic direction for CoinCover as it strengthens its position as a critical integration layer for firms building and operating digital asset strategies. As part of his appointment, Verba has led the injection of additional capital from existing investors, including the Development Bank of Wales, to support this next stage of expansion.

Jeremy Verba said:

“I have built my career scaling fast-growth businesses that have a very clear market need.

Since its inception, CoinCover has played an incredibly important role in the evolution of the digital assets industry, and we now have an even greater opportunity to position ourselves at the forefront of the safe transition to a new world of finance. What CoinCover offers will become table stakes for institutions rolling out digital asset strategies and offerings, and I’m excited to drive forward our new phase of growth in this rapidly evolving market.

As a proudly Welsh-based business, we’re equally committed to contributing to the momentum of Wales’ growing fintech sector and demonstrating the global impact that innovative companies from Wales can achieve.”

The appointment follows recent news that Digital Asset, creator of the Canton Network, has integrated CoinCover within its Copper-based treasury infrastructure. The move is designed to reinforce resilience and confidence amid increasing institutional demand for robust digital asset safeguards.

Verba succeeds Co-Founder David Janczewski, who previously served as CEO and will remain a key advisor to the business and continue to serve on its Board.

David Janczewski said:

“I founded the company to revolutionise the world of blockchain protection by making digital asset ownership safe and secure for everyone. Our platform and technology are now proven in the market, and we are well positioned to continue underpinning the future of the industry. Jeremy’s appointment, combined with the injection of additional capital from our investors, gives us the experience and resources needed to scale with confidence.”

Jack Christopher, Investment Executive at the Development Bank of Wales, said:

“CoinCover is a great example of a Welsh fintech with global reach, scaling rapidly while solving a critical challenge in the digital asset market. We’ve backed the company from its early days and are pleased to continue to support the team as they build on their success and accelerate their growth with Jeremy at the helm.”