CEO of Shopify joined the board of directors of the Coinbase exchange

Tobias Lütke will help “increase the economic freedom” of the cryptocurrency exchange

01.02.2022 - 09:05

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What’s new? According to the official Twitter of the Coinbase cryptocurrency exchange, Shopify CEO Tobias Lütke will join the platform’s board of directors.

We are excited to announce @Shopify CEO Tobias Lütke is joining our Board of Directors.A builder at heart, @Tobi brings innate understanding of the power of decentralization, business scaling experience, and a drive to empower global communities.Welcome Tobi - Let’s go!🚀— Coinbase (@coinbase) January 31, 2022

“We are excited to announce Shopify CEO Tobias Lütke is joining our board of directors. A builder at heart, Tobi brings innate understanding of the power of decentralization, business scaling experience, and a drive to empower global communities,” is how Coinbase commented on the event.

What else is known about the new entrant? Tobias Lütke was one of the first to incorporate cryptocurrencies into his services’ work. In particular, this includes a collaboration between Shopify and platforms such as Coinbase Commerce and CoinPayments. This has enabled crypto payments support for companies from 175 countries around the world.

Tobias Lütke joining Coinbase’s board of directors will help the exchange unlock the potential of cryptocurrencies and increase the company’s economic freedom.

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