Coinbase Hires Google VP as Chief Product Officer

Coinbase has employed a former vp 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 lately led the persevering with improvement of Google Purchasing, a service obtainable in additional than 90 international locations. Previous to that, he was the top of product at Indian e-commerce website Flipkart.

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

In his new function Chatterjee will concentrate on “making the cryptoeconomy accessible to hundreds of thousands extra individuals via Coinbase’s suite of merchandise,” CEO Brian Armstrong mentioned in an announcement.

Final November, the alternate 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 turned obsessed with separating cash from the state after rising up in India below government-run banks and seeing the Indian authorities swap over to new currencies in November 2016, requiring all the inhabitants to both use a financial institution or a publish workplace to transform their money. Presently, the Indian authorities has blocked banks from coping with the crypto business however hasn’t outlawed using cryptocurrencies themselves. 

“I don’t suppose crypto is the top all be all of our issues, however it’s a giant piece of the puzzle,” Chatterjee mentioned. “[Coinbase] will revolutionize world monetary companies in the identical means that Google revolutionized the web.”

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