Share this article
Coinbase President Steps Down, Emilie Choi Named as Replacement
Asiff Hirji is leaving Coinbase after 18 months on the job. The crypto exchange also announced that current executive Emilie Choi would take over as COO.
By Zack Seward
Updated Sep 13, 2021, 9:15 a.m. Published May 31, 2019, 6:25 p.m.
Make us preferred on Google
Coinbase president and chief operating officer Asiff Hirji is leaving the cryptocurrency exchange, the company confirmed Friday.
Hirji joined the crypto unicorn in December 2017, joining after a stint at venture capital firm Andreessen Horowitz.
STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters
“We’re incredibly grateful for Asiff’s contributions over the past 18 months,” Brian Armstrong, co-founder and CEO of Coinbase, said in a statement. “His experience and mentorship helped guide Coinbase through an important chapter in its history. He joined at a critical time when both the company and crypto space were going through rapid growth, bringing his extensive experience to bear when it was most necessary."
Hirji previously served as president and COO of TD Ameritrade.
Coinbase also announced Friday that Emilie Choi, the company’s vice president of business, data and international, would be taking over as chief operating officer. Choi presided over Coinbase's $300 million Series E funding round last October, which valued the company at $8 billion.
The move comes following the recent departures of other C-suite executives at Coinbase. Chief technology officer Balaji Srinivasan left the firm earlier this month. Dan Romero, who worked as vice president of Coinbase’s international business, left in April.
According to a report by The Information, Tina Bhatnagar, Coinbase’s current vice president of operations and technology, is also expected to leave the company.
News of Hirji's departure was first reported by Bloomberg's Julie VerHage.
Emilie Choi speaks at Consensus 2019, image via Coinbase
More For You
Robinhood misses Q4 revenue estimates as fourth-quarter results dinged by crypto slump
Crypto revenue fell 38% year over year to $221M, even as the company expanded token listings and crypto features across its platform.
What to know:
- Robinhood’s fourth quarter earnings per share of $0.66 topped estimates for $0.63, but revenue of $1.28 billion fell shy of forecasts for $1.33 billion.
- The crypto slump paid a large part in the miss, with crypto revenue falling 38% from a year earlier to $221 million.
- Robinhood’s results mirror broader crypto-market weakness, which is also expected to weigh on rival Coinbase (COIN), and HOOD shares fell about 7% in post-market trading after the earnings release.
Top Stories
