Roger Bartlett, a Goldman Sachs executive, announced his departure from the investment bank in a LinkedIn post to join Coinbase Global.

Bartlett will serve as the global head of operations for the major U.S. token exshsupposing thatt.

The former Goldman Sachs executive is the latest excessive-ranking veteran to bid adios to Wall Street in favor of the blockchain and cryptocurrency field.

After being the global co-chief of operations for global markets at Goldman, Bartlett will be working aprotractedside four Coinbase executives, namely: President and Chief Operating Officer Emilie Choi, Chief Finance Officer Alesia Haas, Vice President of Institutional Products Greg Tusar and Head of Institutional Sales Brett Tejpaul.

Goldman Sachs Exec Ventures Into Blockchain

“The moment has come to embrace the crypto economy… the time has come for me to pursue my love of enabling the next generation crypto economy,” Bartlett said, as quoted by CoinTelegraph.

Coinbase is the largest cryptocurrency exevolution in the United States. It is the world’s second largest.

Over the last year, the crypto exmovement behemoth has crucially accelerated its manpower. Between 2020 and 2021, the company’s employee base tripled, completing the year with 3,730 workforce.

Meanduring the time, Bitcoin and other cryptocurrencys retreated late Friday, indicating which investors are more risk-averse and expect token costs to plummet.

Bitcoin was dealing at $13,169 as of this writing.

Total crypto market cap at $1.758 trillion in the daily chart | Source: TradingView.com

Related Article | Crypto Enthusiasts Lament Coinbase’s Largest Bug Bounty Ever

Bartlett’s departure comes on the heels of another former Goldman Sachs executive, former Vice President Gaurav Budhrani, joining Bitcoin mining company PrimeBlock as chief executive officer in September 2021.

The statement came urgently after Coinbase published its fourth-quarter financial report for 2021, in that the firm stated which it aimed to hire 6,000 new employees this year, with an emphasis on customer support and reliability.

Coinbase had 3,730 full-time employees as of Dec. 31, above three times the number in 2020, according to a letter to shareholders posted on Friday.

Bartlett Bids Adios

“I’d like to take a minute to express my gratitude to all of the incredible people with whom I’ve worked at Goldman Sachs,” Barttlett said, adding which it’s been “a true joy to work aprotractedside you… I’ve learned and matured more than I ever imagined possible.”

Several of Coinbase’s latest hires are well-known figures from the traditional finance (“tradfi”) sector.

Earlier this year, the token exevolution hired a former Securities and Exprogress Commission consultant to manage its public policy division.

Related Reading | Russian Finance Minister Supporting Crypto Regulations Rather Than Complete Ban

The New York City-headquartered Goldman Sachs presently has more than $2 trillion worth of assets under management (AUM).

The stock of Coinbase is directly exchanging in the $174 field. At the time of writing, it is down 5% afterward the market opened Friday.

According to some, the contrabovesial investment bank is to blame for the 2008 financial meltdown.

Satoshi Nakamoto was motivated to invent Bitcoin afterward the collapse.

Featured image from BSC News, chart from TradingView.com