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Coinbase Picks up Solarisbank Exec to Drive Growth in Europe


Coinbase hired the former chief operating officer for Solarisbank to advance its current expansion drive across Europe.

Daniel Seifert joined Coinbase as vice president and regional managing director, EMEA, overseeing Europe, the Middle East and Africa, a spokesperson from Coinbase told PYMNTS on Monday (Oct. 17).

He will be in charge of driving the company’s business growth in Europe and working to help further Coinbase’s mission in the region. Seifert will also build out the workforce with local talent, support regulatory efforts and ensure Coinbase is operating in full compliance with local regulatory requirements.

Seifert said on LinkedIn that at Solaris, he had over two years of “hypergrowth” where he learned “nothing is impossible and that every problem has a solution.” Now he’s “thrilled” to lead the EMEA region at Coinbase.

He and the team at Coinbase will “work hard to make Europe a leading location for web3 and crypto, and contribute to increasing economic freedom and digital sovereignty,” he said.

After reducing its U.S. workforce in June, Coinbase siloed its attention on Europe and is going after additional licenses as it eyes international expansion, PYMNTS reported June 20