Friday 5 October 2018

Crypto Exchange Coinbase Says Institutional Platform Head Is Leaving

Crypto Exchange Coinbase Says Institutional Platform Head Is Leaving

Coinbase Inc., one of the largest U.S. cryptocurrency exchanges, said Adam White, head of the institutional platform group and its fifth employee, is leaving the company.

White’s exit comes at a pivotal time for the San Francisco-based startup as it seeks to lock in large clients like hedge funds and other institutional customers after becoming a leading exchange for retail investors. He was most recently the vice president and general manager of the institutional business. White declined to comment for this story.

“While we’re extremely sad to see him go, we’re also confident in that group’s ability to keep executing on the vision that he laid out to be the most trusted venue for institutional investors to trade cryptocurrencies,” a spokesman said in an email.

Yesterday, the firm announced that...

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source https://www.reddit.com/r/btc/comments/9lgwtd/crypto_exchange_coinbase_says_institutional/

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