COIN - Coinbase Veteran Nana Murugesan Joins Matter Labs To Scale zkSync | Benzinga
Veteran cryptocurrency executive Nana Murugesan is embarking on a new chapter in his career, joining Matter Labs as its first president.
What Happened: Murugesan, previously responsible for international expansion at Coinbase Inc. (NASDAQ:COIN), brings his expertise to guide the blockchain startup’s growth and development of zkSync, a technology aiming to improve the Ethereum (CRYPTO: ETH) blockchain.
Murugesan, 45, left Coinbase in November 2023 after overseeing the company’s European expansion, asset listings, and business partnerships.
“I’ve always been interested in supporting founders and helping companies scale to new heights,” Murugesan told Bloomberg.
“Early-stage startups like Matter Labs offer a unique opportunity to make a significant impact.”
Matter Labs’ zkSync technology leverages zero-knowledge proofs, a cryptographic technique that can significantly enhance the Ethereum blockchain.
zkSync promises to make transactions faster, ...