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Cryptocurrency News Articles
Former Coinbase VP Joins Matter Labs as President, Leads Blockchain Scalability Push
Apr 18, 2024 at 09:08 pm
Former Coinbase executive Nana Murugesan joins Matter Labs as President, bringing extensive experience in international business development, marketing, and finance. As the former Vice President for Business Development at Coinbase, Murugesan played a pivotal role in shaping the company's global expansion strategy. His expertise in scaling high-growth companies and deep industry insights are expected to contribute significantly to Matter Labs' mission to advance Ethereum scaling solutions.
Former Coinbase Executive Joins Matter Labs as President, Driving Blockchain Scalability Innovations
Nana Murugesan, the former Vice President for Business Development, International, and Listings at Coinbase, has recently joined Matter Labs as their President. In this newly appointed role, Murugesan will spearhead the firm's operations, encompassing marketing, communications, finance, and legal aspects.
Prior to his tenure at Coinbase, Murugesan served as the Managing Director of International Markets and Mobile Partnerships at Snap for over three years. His extensive experience also includes nine years at Samsung Electronics, where he held the position of Vice President and General Manager for Services and New Business.
Driving Blockchain Scalability with Cutting-Edge Solutions
Matter Labs, a leading provider of Ethereum scaling solutions, is committed to advancing blockchain technology for widespread adoption. Co-Founder and CEO Alex Gluchowski expressed enthusiasm about Murugesan's appointment, stating that "Nana's expertise will be instrumental in advancing our vision to scale blockchain technology to a mainstream audience, powered by zero-knowledge technology."
Gluchowski further highlighted Murugesan's exceptional combination of scaling experience and industry insights, emphasizing that "his proven leadership skills will play a pivotal role in driving the growth of our cutting-edge engineering solutions and fortifying our go-to-market strategies as we build the future of finance."
A Multidisciplinary Approach to Blockchain Technology
Murugesan brings a multidisciplinary perspective to his role at Matter Labs, with a background in electrical engineering, computer engineering, and business administration. He is expected to lead the development of innovative engineering solutions in blockchain technology, a key aspect of Matter Labs' operations with over 60 employees across 35 countries.
Accelerating Blockchain Adoption through Collaboration
Matter Labs' focus on research and development has led to the creation of technology solutions for Ethereum blockchain scaling, including zero-knowledge technology. This technology enables fast, secure, and scalable transactions, paving the way for practical applications and broader user adoption.
Commenting on his appointment, Murugesan expressed his excitement to join Matter Labs at a crucial phase in the company's development. He stated, "With zkSync, we're tackling the end-game of blockchain scalability and enabling practical applications with developers to bring in the next billion users."
Murugesan's experience in scaling high-growth companies will be invaluable in expanding Matter Labs' community and partner ecosystem globally. He looks forward to collaborating with Gluchowski and the team to accelerate the ongoing financial revolution through blockchain innovation.
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