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'It's time to embrace the crypto economy,' says Goldman Sachs executive enters Coinbase

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Roger Bartlett is the most recent in a long queue of Wall Street executives to join the blockchain and cryptocurrency sector.

Roger Bartlett, a Goldman Sachs expert who has served in multiple roles at the company since 2005, resigned his position for Coinbase.

After 16 years at the financial services giant, Bartlett announced on LinkedIn on Friday that he would be leading global financial operations at Coinbase. The former Goldman Sachs global co-head of operations for global markets said that he would collaborate with Coinbase's chief financial officer Alesia Haas, president and chief operating officer Emilie Choi, vice president of institutional goods Greg Tusar, and head of institutional sales Brett Tejpaul to assist users "embrace opportunities offered by digital assets and its ecosystem."

"It's time to embrace the crypto economy," Bartlett stated. “It’s time to [...] follow my passion to help enable the next generation crypto economy. The inspiring purpose-led mission to create economic freedom in the world, in a customer first, automation first approach is a once-in-a-lifetime opportunity to be part of building the next stage of the digital evolution.”

Bartlett was the newest in a long list of Wall Street executives to join the crypto industry. Gaurav Budhrani, a 10-year Goldman Sachs expert, will join crypto mining company PrimeBlock as CEO in November 2021, alongside former managing director Alan Konevsky as a chief legal officer. Matt Zhang, a former Citi executive, created Hivemind, a crypto and blockchain venture fund, a month later.

The statement arrives right after Coinbase published its fourth-quarter financial report for 2021, in which the company stated that it intended to add 6,000 people in 2022, with an emphasis on consumer support and dependability. As per a note to shareholders issued on Thursday, the crypto exchange has 3,730 full-time staff as of December 31, approximately three times the number expected in 2020.



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