Business In News
- Coinbase is gradually bolstering efforts to establish its digital presence in Europe.
- Coinbase has hired the former COO of SolarisBank, Danielle Seifart, as its regional managing director in Europe.
Per a recent Bloomberg report, crypto exchange Coinbase has hired Danielle Seifart, former chief operating officer at digital asset firm Solaris, to expand the firm’s digital presence in Europe.
Coinbase Looks Forward To Expanding Its Base In Europe.
Crypto exchange Coinbase is bolstering efforts to expand its presence in Europe.
The firm has recently hired the former chief executive officer of SolarisBank, Danielle Seifart, to expand its base in the region.
Per the report, Seifart has been hired as the regional managing director for Europe to help the exchange expand its crypto dominance in the region. Seifart will be joining Coinbase after serving for more than 2 years in the role of Chief Executive Officer at Solaris Bank.
According to the firm’s Vice President of International and Business Development, Nana Murugesan, the exchange is also planning to aggressively pursue hiring skilled professionals to fill core vacant positions in Europe to spearhead its crypto expansion in the country.
“International expansion is an existential priority for us. Whether it’s a bull market or a bear market, that’s where most of our upside is. ” Murugesan told Bloomberg
In addition, Murugesan further shared how Coinbase is looking forward to expanding its base toward Spain and France after Europe. The firm is waiting for the necessary approvals to proceed ahead with the expansion in the following regions. Apart from that, Coinbase is also “seeking registration” and is holding discussions in Ireland and the UK to bolster its digital presence in the said domains.
Coinbase has recently stepped up efforts to strengthen its position as a leading crypto firm. The firm has recently joined forces with Google to facilitate crypto payments to its selected users.
Coinbase CEO Brian Armstrong has also been looking into ways to boost scientific research and recently announced that he is selling 2% of his stake to fund research at his newly co-founded firms NewLimit and Researchhub.