Coinbase’ Institutional Head Departs Amid Bid to Become Institutional Go-To

[kreslik.news]

Coinbase’ Adam White, the company’s fifth-ever employee and head of Coinbase’ institutional platform group, has decided to leave the company.The decision was reported by Bloomberg on Thursday, October 4th.

White’s decision comes at a crucial moment in Coinbase’ efforts to become the go-to platform for institutional investors. The company has been taking large strides toward the institutional investment sphere this year with the launch of a custody service and anindex fund. Coinbase’ native exchange, GDAX, was rebranded to ‘Coinbase Pro’ earlier this year.

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A company spokesman told Bloomberg that “while we’re extremely ... (read more)