Coinbase Global Inc. has hired Daniel Seifert, a senior executive from German financial technology company Solarisbank AG, to lead its European expansion while contending with a protracted downturn in cryptocurrency markets and trading.
Seifert will join the San Francisco-based crypto exchange as regional managing director in Europe after serving for more than two years as chief operating officer for Solarisbank, the company said in a statement. Coinbase plans to fill core roles on the continent and has recently secured regulatory registration in Italy and the Netherlands, according to the firm’s vice president of international and business development Nana Murugesan.