Coinbase Hires Google VP as Chief Product Officer

Coinbase has employed a former vice chairman of product at Google to be its chief product officer. 

Surojit Chatterjee spent 11 years at Google, the place he labored on funds, adtech and commerce. He most just lately led the persevering with improvement of Google Purchasing, a service obtainable in additional than 90 nations. Previous to that, he was the top of product at Indian e-commerce website Flipkart.

Chatterjee is Coinbase’s first chief product officer because the departure of Jeremy Henrickson in December 2018, the corporate confirmed.

In his new position Chatterjee will concentrate on “making the cryptoeconomy accessible to thousands and thousands extra folks by Coinbase’s suite of merchandise,” CEO Brian Armstrong mentioned in a press release.

Final November, the change added help for 5 new crypto choices to its Visa debit card and started permitting customers to earn rewards on their cryptocurrency holdings, beginning with the Tezos token.

For his half, Chatterjee grew to become enthusiastic about separating cash from the state after rising up in India underneath government-run banks and seeing the Indian authorities swap over to new currencies in November 2016, requiring your entire inhabitants to both use a financial institution or a submit workplace to transform their money. At the moment, the Indian authorities has blocked banks from coping with the crypto trade however hasn’t outlawed the usage of cryptocurrencies themselves. 

“I don’t suppose crypto is the top all be all of our issues, but it surely’s an enormous piece of the puzzle,” Chatterjee mentioned. “[Coinbase] will revolutionize world monetary providers in the identical method that Google revolutionized the web.”

In a weblog submit shared with CoinDesk upfront, Coinbase CEO Brian Amstrong mentioned, “Surojit’s 11 years at Google shall be helpful as we proceed to scale Coinbase into an organization with an enduring and significant influence on the world’s monetary system.”