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Facebook Executive joins Coinbase Board

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Last night David Marcus of Facebook Messenger announced that he will join the board of directors at Coinbase.

Today, Coinbase stands as the most popular app on the Apple app store, this is according to data by market insights firm App Annie. With the surge of bitcoin, and other cryptocurrencies, it has seen record numbers using the application, but this has also encouraged several outages.

Coinbase will be looking forward to Marcus’ experience in the payments and mobile technology sector. Remember, Marcus also served as the president of PayPal.

“David’s perspective and experience in bringing innovative and impactful products to market will be invaluable to Coinbase as we grow,” Coinbase’s Armstrong said in a statement Tuesday. “David’s knowledge of both the payments and mobile space will help guide us in achieving our mission of creating a truly open financial system that will bring opportunity to people all across the globe.”

Marcus has announced that he has been “fascinated” by the cryptocurrency space for five years.

“I’ve been involved with, and fascinated by cryptocurrencies since 2012, and I’ve witnessed how Coinbase has started democratizing access to this new asset class,” he said. “I’m convinced that what the company is working on has the potential to materially change the lives of people around the world, and I’m looking forward to working with Coinbase and its leadership team to help make this vision a reality.”

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Frances is a writer for Crypto Daily™️, and she is responsible for bringing you the latest news on everything that is related to the Crypto world. She has a keen interest in Cryptocurrencies, and has many years of experience writing in all different roles. She is incredibly passionate about writing, and this combined with her interest into the finance, and virtual currency sector means that you are kept up to date with all of the latest news and information regarding all cryptocurrencies.