Global payments platform Visa has announced plans to invest in generative artificial intelligence in addition to its crypto products.
Coinbase has announced Chris Dodds as the latest Board of Directors member.
In a recent press release, Coinbase, a San Fransisco-based global cryptocurrency exchange revealed that Dodds would be joining the company’s Board of Directors. Dodds is a board member of The Charles Schwab Corporation and has over two decades worth of experience in the financial industry. According to CEO Brian Armstrong, the new board member “brings world-class leadership skills, deep knowledge of the financial services industry, and significant financial and accounting experience.”
We’re proud to welcome Chris Dodds of the @CharlesSchwab Board of Directors to the @coinbase Board. His deep knowledge of financial services will be an asset as we head into this next chapter for the company and the cryptocurrency industry as a whole. https://t.co/5Kzv4cUeam
— Coinbase (@coinbase) October 2, 2018
Armstrong is excited to see the benefits that Dodds will see be able to gear for Coinbase:
“His extensive expertise will be an asset to the Coinbase leadership team as we focus on scaling our business.”
As detailed by Armstrong, the financial mogul has a wealth of experience in the industry, having worked with Schwab for 21 years. There, he served in a number of different roles ranging from the Vice President of Corporate Finance and Mergers and Acquisitions to the company’s Treasurer.
Armstrong concluded the announcement with the flavor of optimism for which he is known:
“His addition to the Coinbase board is part of our effort to expand our financial services capabilities as we head into this next chapter for the company and the cryptocurrency industry as a whole.”
As Armstrong suggested, the inclusion of Dodds onto the team might be remarkable not only for the exchange but for the benefit of the whole cryptocurrency market.