Share this article
Crypto Exchange Coinbase's Chief Product Officer Steps Down Amid Restructuring
Surojit Chatterjee will continue to serve in an advisory role through at least Feb. 3, 2023.
By Aoyon Ashraf
Updated May 9, 2023, 4:01 a.m. Published Nov 2, 2022, 8:33 p.m.
Crypto exchange Coinbase's (COIN) chief product officer, Surojit Chatterjee, stepped down as the company restructures its product, engineering and design teams.
Chatterjee's resignation was "mutually agreed" upon and he will continue to serve Coinbase in an advisory role through at least Feb. 3, 2023, according to an Securities and Exchange Commission filing. Chatterjee was with Coinbase for almost three years, according to his LinkedIn profile.
STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters
The move is part of a restructuring of several of Coinbase's groups. "In connection with Mr. Chatterjee’s resignation, Coinbase’s product, engineering and design teams are being reorganized within a product group structure under which the leaders of such groups will assume responsibility for Coinbase’s product offerings," Coinbase said in the filing.
Read more: Coinbase’s Interest Income May Be Bright Spot Amid Challenging Third Quarter
More For You
What to know:
- As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
- GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
- Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.
More For You
Foundation behind restaking protocol EigenLayer plans bigger rewards for active users
An Incentives Committee would direct programmatic token emissions, focusing allocations on participants that secure AVSs and contribute to the EigenCloud ecosystem.
What to know:
- The Eigen Foundation has unveiled a governance proposal aimed at ushering in new incentives for its EIGEN token, shifting the protocol’s reward strategy to prioritize productive network activity and fee generation.
- Under the plan, a newly formed Incentives Committee would manage token emissions, prioritizing participants who secure Actively Validated Services and expand the EigenCloud ecosystem.
- The proposal includes a fee model that channels revenue from AVS rewards and EigenCloud services back to EIGEN holders, potentially creating deflationary pressure as the ecosystem grows.
Top Stories
