Major United States crypto exchange and wallet provider Coinbase has reportedly appointed Dan Yoo as its new vice president.
At Coinbase, Yoo will be replacing Emilie Choi, previously vice president of business, data and international promoted to its chief operating officer at the company. Yoo will work on Coinbase’s business operations, business and corporate development and the data team.
“Not a crypto expert”
Commenting on the appointment, Yoo ostensibly said: “Coinbase is a very data-driven company. As part of this role, I’ll be making sure that internally and externally Coinbase and its customers have the data they need to make better decisions.” Yoo, however, added that he would not call himself a crypto expert, although he has many years of experience in the financial sector.
Prior to joining Coinbase, Yoo worked for professional social network LinkedIn, life insurance firm ReliaQuote, as well as set up a number of startups. Yoo shared that at LinkedIn he was on a similar team where they “helped be the connective tissue for the organization.”
Departures from Coinbase
In July, news broke that Tim Wagner, the vice president of engineering at Coinbase, was reportedly leaving the company. Wagner previously worked for Amazon Web Services and Microsoft before joining Coinbase.
That same month, Andrew L. Ridenour — who worked at Coinbase for just half a year longer than Wagner — left the crypto company to rejoin the United States Commodity Futures Trading Commission.