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Shopify CEO joins board of Coinbase, largest US crypto exchange

Cryptocurrency exchange Coinbase Global Inc. said Shopify CEO Tobi Lutke will join its board.

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Coinbase founder Brian Armstrong said in a release that Lutke offers the experience as an entrepreneur and early adopter of crypto, including the integration of Shopify with the crypto payments platform. by Coinbase.

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He said that Lutke will help as Coinbase looks to expand the cryptocurrency to more people and businesses globally.

Lutke said in a statement that Coinbase and Shopify share a vision of decentralized finance and entrepreneurship.


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Buyer beware: Shopify is not an online marketplace


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In 2020, Shopify also joined the Facebook-backed Diem Association (then known as Libra) that was working on a global digital currency, despite last week’s media reports stating that the association is selling its property.

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Coinbase said the appointment still had to be formally approved by the board.

© 2022 Canadian Press

https://globalnews.ca/news/8583701/shopify-ceo-tobi-lutke-coinbase-board/ Shopify CEO joins board of Coinbase, largest US crypto exchange

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