Cryptocurrencies

Coinbase Names Barclays Veteran Tejpaul as Institutional Head

  • Many institutions may first try stablecoins, Tejpaul says
  • Cryptocurrency exchange is a backer of USD Coin stablecoin

A Coinbase Inc. sticker is seen on a laptop computer at the company's office in San Francisco, California, U.S.

Photographer: Michael Short/Bloomberg
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Coinbase Inc., one of the most popular U.S. cryptocurrency exchanges, said it hired Barclays Capital Inc. veteran Brett Tejpaul to serve as head of institutional coverage.

Tejpaul spent 17 years at Barclays, where he was global head of sales across all fixed income and equities, as well as global head of credit and commodities. He also served on Barclays’ Market Executive Committee. He’ll focus on expanding Coinbase’s institutional client base and introducing new features and services for large clients.