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Coinbase Vice President Leaves Company Without Comment

Published: 05/10/2018
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What is it for?

The team of Coinbase, one of the largest trading platforms in the US, reported that its Vice President Adam White has left the company. He was among the first five employees and also was the exchange’s head. The ex Coinbase employee refused to comment the reason for his resignation, Bloomberg informs.

 

Coinbase remained deprived of the vice president at a turning point for its development — currently, the startup from San Francisco is trying to attract large institutional investors to its customer base. At the same time, the exchange plans to become a leading platform for retail investors.

 

Adam White (Source: Coinbase)

 

As the Coinbase representatives wrote in an e-mail, the team is very sorry about the Adam White’s dismissal. Employees mention that they will continue to follow his strategy to gain the status of the most reliable trading platform for institutional investors.

 

White started working at Coinbase in 2013 when the future leading platform was based in a small apartment, and bitcoin's price was $200. As Brian Armstrong, Coinbase CEO, notes, over these five years of cooperation, Adam White relentlessly helped the team to build their business and expand the global presence of the company.

 

Later, the Coinbase team announced that Jonathan Kellner, the former head of a brokerage firm Instinet, joined the company. He is appointed as the managing director and will assume some of the duties, which White was previously responsible for.

 

 

Earlier, Coinbase included Chris Dodds, an advisor at a Californian corporation Charles Schwab, to the board of directors. The expert will share his experience in the field of finance and accounting.

 

Coinbase continues its large-scale expansion. Recently, the exchange team has announced support of the pound sterling in all services.

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