Coinbase is losing one of its top executives, as it has confirmed that Adam White stepping down as vice president and general manager of the top cryptocurrency exchange. A report by Bloomberg mentioned that White refused to comment on the same.
He had been a part of Coinbase for half a decade, since 2013, when the exchange was first set up. Coinbase CEO Brian Armstrong, said in an email: “Over the past five years, Adam 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.”
The news of White leaving Coinbase came a day after the exchange announced that Instinet CEO Jonathan Kellner was joining the company as managing director of its institutional coverage group, Reuters reported.
“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 company spokesperson reportedly stated.
Image via Trading Technologies
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