Mills Swaps JB Drax for Sage Capital
Posted by Colin Lambert. Last updated: May 7, 2025
Chris Mills has stepped down from his role as co-head of digital assets at JP Drax Honore to join prime broker Sage Capital Management as head of digital assets.
Mills was with JB Drax for two-and-a-half years and was appointed co-head of the digital assets business in February. Prior to that, he spent more than 18 years at the Bank of England as an FX and money market dealer.
At Sage Capital, Mills will oversee digital assets trading and liquidity distribution, and report to the firm’s CEO and founder Nathan Sage.
“Chris is joining Sage Capital Management at such an exciting time for our business, with demand for our crypto prime broker service at an all-time high,” says Sage. “I have known Chris for a number of years and he has rapidly become a well-known figure in the digital asset space through his drive, enthusiasm and knowledge. His deep understanding of the industry and strong awareness of client requirements will be invaluable to both our business and our clients as we expand further over the coming months.”
Mills adds, “Sage Capital Management has an impressive digital prime broker service and provides clients with unparalleled advantages in the cryptocurrency arena. I look forward to playing a key role in driving our growth and supporting our clients in accessing top tier liquidity and prime services.”