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Coinbase Hires Goldman Veteran to Lead Financial Operations
It’s the latest in a long line of traditional finance executives exiting their positions to join the crypto industry.
Updated May 11, 2023, 4:07 p.m. Published Feb 25, 2022, 2:56 p.m.
Goldman Sachs partner Roger Bartlett is leaving the investment bank to run global financial operations at Coinbase (COIN), according to a LinkedIn post from Bartlett.
- “It’s time to embrace the cryptoeconomy,” wrote Bartlett, announcing the move after a 16-year run at Goldman, where he most recently led a team of about 2,500 as global co-head of operations for the bank’s global markets division.
- Coinbase has made no secret of its aggressive growth ambitions, saying in its earnings release Thursday night that it planned to spend $4.25 billion to $5.25 billion on tech/development, and general and administrative expenses this year. This includes a goal to hire 6,000 employees this year, largely for its technology and development teams.
- Financial News first reported Bartlett's move early Friday.
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KuCoin captured a record share of centralised exchange volume in 2025, with more than $1.25tn traded as its volumes grew faster than the wider crypto market.
What to know:
- KuCoin recorded over $1.25 trillion in total trading volume in 2025, equivalent to an average of roughly $114 billion per month, marking its strongest year on record.
- This performance translated into an all-time high share of centralised exchange volume, as KuCoin’s activity expanded faster than aggregate CEX volumes, which slowed during periods of lower market volatility.
- Spot and derivatives volumes were evenly split, each exceeding $500 billion for the year, signalling broad-based usage rather than reliance on a single product line.
- Altcoins accounted for the majority of trading activity, reinforcing KuCoin’s role as a primary liquidity venue beyond BTC and ETH at a time when majors saw more muted turnover.
- Even as overall crypto volumes softened mid-year, KuCoin maintained elevated baseline activity, indicating structurally higher user engagement rather than short-lived volume spikes.
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Tom Lee urges BitMine shareholders to approve share increase ahead of January 14 vote
The chairman of the former bitcoin miner-turned-ether treasury firm reiterated his view that Ethereum is the future of finance.
What to know:
- Tom Lee, chairman of Bitmine Immersion (BMNR), urged shareholders to approve an increase in the company's authorized share count from 500 million to 50 billion.
- Lee assured shareholders that the increase is not intended to dilute shares, but instead to enable capital raising, dealmaking, and future share splits.
- Shareholders have until January 14 to vote on the proposal, with the annual meeting scheduled for January 15 in Las Vegas.
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