Cryptocurrency exchange Coinbase Global Inc. says Shopify CEO Tobi Lütke will join its board of directors.
Coinbase founder Brian Armstrong said in a release that Lütke brings experience as an entrepreneur, and as an early adopter of crypto including through Shopify’s integration with Coinbase’s crypto payment platform.
He says Lütke will help as Coinbase looks to expand crypto to more people and businesses globally.
OBJ360 (Sponsored)
Your next memorable getaway awaits in Whitewater Region
If you’re eager to immerse yourself in some quintessentially Canadian experiences, look no further than Whitewater Region in the County of Renfrew, in the Upper Ottawa Valley. It’s a four-season
Hard Rock Hotel & Casino Ottawa is the company’s new Canadian jewel
There’s a buzz of excitement at Hard Rock Hotel & Casino Ottawa as a $350-million transformation of the former Rideau Carleton Raceway nears completion. This high-energy entertainment destination will soon
Lütke said in a statement that Coinbase and Shopify share the like-minded vision of decentralized finance and entrepreneurship.
In 2020, Shopify also joined the Facebook-backed Diem (then called Libra) Association that was working on a global digital currency, though media reports last week said that the association was selling its assets.
Coinbase says the appointment is still subject to formal board approval.
