Top Executive Adam White Is Leaving Coinbase

Adam White, who leads the institutional platform is leaving the Coinbase. Not only was White one of the first employees for the company, he the fifth employee of Coinbase.
A top Coinbase director, only the fifth employee, is moving on. They stated that seeing white go is pretty sad but that they had confidence in his group to keep executing the vision that he established to be the most trusted place for institutional investors.
The news of White absence was followed by the announcement that former Instinet CEO Jonathan Kellner was joining the team.
He is returning to serve as manager for the institutional coverage group. He’s expected to take over White’s duties
Coinbase CEO Brian Armstrong remarked in an email how White: “Helped us build our exchange business into the largest U.S.-based crypto-trading venue, and was integral to growing Coinbase’s global presence and scaling our culture to multiple offices”.
In 2013, white joined the Coinbase team when the founders of the current major exchange were working in a one – bedroom apartment.
According to White’s LinkedIn, he had recently spent time with the U.S. Air Force as a test engineer and worked at Coinbase as a consultant. White has served in the role of vice president and general manager of Coinbase institutions and worked as vice president of the commercial development and product management for the company from 2013.
Before being working on the CEO of Instinet, Kellner worked at Charles Schwab, Investment Technology and Morgan Stanley.
The departure of white is a few days after Coinbase announced Chris Dodds would join the board of directors.
The digital exchange tweeted about Dodds, which also sits on Charles Shwab director’s board, and it would be an asset and the cryptocurrency sector as a whole.
“We’re proud of welcome Chriss Dodds to the board of directors .his deep knowledge of financial services will be as an asset to this chapter for the company and the cryptocurrency industry as a whole”
Coinbase may be part of a strategy to extend their influence and with Tiger Group and get the attention of the traditional financing world.
Coinbase as an investment service began to participate in negotiations with tiger group, which could greatly raise their value up to $ 8 billion.

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