Coinbase announces the head of Facebook Messenger is joining their board...


A post just made to Coinbase's blog by their CEO has people wondering what Coinbase may be cooking up. It reads:

I’m pleased to announce that David Marcus, Vice President of Messaging Products at Facebook, will be joining Coinbase’s Board of Directors.

David brings first hand knowledge of building impactful, trusted mobile-first products at scale. His experience will add breadth and depth to the Coinbase board and will help the leadership team as the company focuses on becoming the most popular, and safest place to buy and sell digital currencies.

Prior to Messenger, David was President of PayPal, where he led the payments company’s global expansion and product strategy. Under his leadership, PayPal brought back its technology and product centric DNA, won back developers and small businesses, and acquired Braintree (parent company of the popular P2P payment app, Venmo) that further accelerated the overall growth of the company. David joined PayPal after the acquisition of his last startup, mobile payments company, Zong, and led Mobile products before ultimately taking the leadership role at the company.

- Brian Armstrong, CEO and Co-founder of Coinbase

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Author: Mark Pippen
London News Desk