Coinbase Appoints Former xAI Finance Chief Anthony Armstrong to Board
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Coinbase has appointed Anthony Armstrong , the former finance chief of xAI, to its board of directors and Audit and Compliance Committee, expanding the board to 10 members as the cryptocurrency exchange broadens its financial services business. Armstrong joined the board on September 1 under Coinbase's existing director compensation arrangements, according to a regulatory filing. His professional background spans investment banking, government operations, artificial intelligence and social media businesses. The appointment adds financial and compliance expertise to Coinbase's leadership as the company pursues its strategy of developing a broader financial platform beyond cryptocurrency trading. Armstrong spent nearly a decade at Morgan Stanley, where he ultimately became vice chairman of the investment banking division. His experience there included exposure to capital markets, corporate strategy, financial management and major transactions. He later served as a senior adviser within the Department of Government Efficiency, commonly known as DOGE. More recently, Armstrong held the chief financial officer role across xAI, X.AI Corp. and X Corp., giving him experience managing financial operations within companies spanning artificial intelligence and social media. Coinbase's filing also confirmed that Armstrong has no family relationship with chief executive Brian Armstrong...
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