Copy link
Increase text size
Decrease text size
Link copied

Crypto exchange Coinbase hires Barclays exec as head of institutional coverage

Image by Coinbase

Tue, 21 Apr 2020, 10:01 am UTC

Crypto exchange Coinbase has welcomed a new member of its team.

Coinbase hired former Barclays executive Brett Tejpaul as the head of its institutional coverage. Tejpaul worked with Barclays for 17 years and had spanning roles in credit and commodities sales and digital innovations, The Block reported.

Tejpaul also served as the global head of sales, global head of credit and commodities, and head of digital. In an interview with The Block, he said that Coinbase could offer products and services beyond trading bitcoin and other cryptocurrencies. He also admitted that he was impressed with the development in the crypto space.

“I am amazed at actually how much development has happened,” Tejpaul said.

“This isn’t about trading one thing. It is a platform that can make up a collection of products and services.”

He also added that Coinbase would continue its institutional business to leverage over-the-counter trading, custody and exchange services. However, it will take a broader approach to address the clients’ needs. In fact, it is looking for new deals.

“I think about what a stablecoin can do,” said Tejpaul. “I think about credit risk, settlement risk, speed of settlement, the cost to maintain old infrastructure. This can serve as a precursor of broader adoption and the trading of bitcoin and other cryptocurrencies.”

However, it remains unclear whether Coinbase could build around stablecoins as it also didn’t provide specific details. At present, the exchange offers USD Coin (USDC) trading pairs and is a member of the consortium that manages the stablecoin.

Meanwhile, web-scale blockchain Solana has partnered with Terra to bring the decentralized stablecoin to its ecosystem. The two are planning to build a high-speed token bridge to make it possible.

“Together we’re building a new high-speed token bridge that facilitates the transfer of Terra stablecoins into Solana’s dapp ecosystem,” Solana wrote.

“Terra’s tokens will be the first stablecoins on the Solana network. By bringing stablecoins onto our network, we aim to dramatically expand the design space for developers, opening the door to novel applications that require price-stable payments. Similarly, and by the same token, we hope to support Terra’s expansion by creating a seamless gateway to our developer community.”

TokenPost | [email protected]

<Copyright © TokenPost. All Rights Reserved. >

To leave a comment, please sign in.
  • lanm
  • 2020.04.29 22:11:17
To start up cryptocurrency trading and how to make good wages on your

invested funds contact me via [email protected] and l'll show you how l

earn profit over £50,000 in 2 months and the secret behind it for successful

investment
  • 0
  • ·
  • 0
  • lanm
  • 2020.04.29 22:10:12
To start up cryptocurrency trading and how to make good wages on your invested funds contact me via [email protected], and l'll show you how l earn profit over £50,000 in 2 months and the secret behind it for successful investment
  • 0
  • ·
  • 0
  • lanm
  • 2020.04.29 22:09:16
To start up cryptocurrency trading and how to make good wages on your invested funds contact me via [email protected] and l'll show you how l earn profit over £50,000 in 2 months and the secret behind it for successful investment
  • 0
  • ·
  • 0
  • Moses
  • 2020.04.29 02:40:33
I am a cryptocurrency trader and i make over 200% daily, If you are interested,i can teach you how to trade and also help you achieve your goal in life with crypto i can turn
$4500 into $35000 in less then four weeks,now that bitcoin has low prices...please note that cryptocurrency trading is bitcoin unlike binary and Forex,bitcoin is traded for altcoins also you can reach to me if you are new to bitcoin and to give you more info and guideline on how to invest smartly, this is opportunity life time knocking on your door ???? inbox me for more info....contact me on WhatsApp +1(206)-742-5358 thank you to you all and God bless you .………
  • 0
  • ·
  • 0
  • Nodi
  • 2020.04.22 03:09:55
Corona virus attack my country. Need help.any help send coinbase email... [email protected] or [email protected]
  • 0
  • ·
  • 0
More
  • Bitcoin (BTC) $10,150.40 (+6.15%)
  • Ethereum (ETH) $251.42 (+5.59%)
  • XRP (XRP) $0.224600 (+0.84%)
  • Bitcoin Cash (BCH) $264.51 (+8.69%)
  • Bitcoin SV (BSV) $206.52 (+6.05%)
  • Bitcoin (BTC) $10,150.40 (+6.15%)
Feb 21, 2020 (Friday)
12:01
Paxos launches blockchain-based securities settlement solution with Credit Suisse and Instinet
12:00
Brazil to launch new payment system in response to cryptocurrencies
11:59
Digital currency exchange Coinbase Pro lists Kyber Network token
11:57
Norwegian Air to soon start accepting crypto payments
10:21
Swedish central bank begins CBDC pilot with Accenture
09:51
Italian soccer team Juventus launches ethereum-based digital collectibles with Sorare
Feb 20, 2020 (Thursday)
14:16
Telecom companies complete cross-carrier mobile payments using blockchain
11:53
National Stock Exchange of Australia to develop DLT-based digital securities trading platform
11:00
South Korean ICO project discontinued, to return $7.5M to token holders
10:36
Samsung maintains crypto support in soon-to-launch Galaxy S20
09:41
BIS appoints Innovation Hub heads to lead Singapore and Switzerland
09:15
Coinbase becomes first crypto company to receive Visa principal membership
08:59
Dubai Economy and six banks launch KYC Blockchain Consortium
08:26
Crypto Technicals: ETH/USD under downside pressure after 'Bearish Engulfing' pattern
07:12
Tim Draper buys $1M worth of Aragon Tokens to create digital courts for DAOs
06:13
Renewable energy firm Acciona commits to take CBI’s blockchain-based carbon credits trading platform global
05:02
Crypto Technicals: BTC/USD trades below 21-EMA, break below 4H 200 MA (9386) to trigger further downside
04:56
Crypto exchange Coinfloor to launch a simplified bitcoin buying service
04:35
Indonesia’s customs department joins IBM- Maersk blockchain shipping platform “TradeLens”
Feb 19, 2020 (Wednesday)
12:46
Crypto custodian BitGo acquires digital securities startup Harbor
Subscribe to the TokenPost newsletter!
Don't show me this again today.
Back to top
Copyright ⓒ TokenPost. All Rights Reserved.
PUBLISHsoft