Shopify CEO Joins Coinbase Board of Directors

Shopify CEO Joins Coinbase Board of Directors
Tobias Lütke, CEO and founder of the e-commerce site Shopify, will join Coinbase’s Board of Directors subject to formal board approval later this week.Lütke will help Coinbase with its expansion plans as the crypto exchange targets newer products that appeal to crypto traders and investors internationally, Coinbase said in a note.“We hope to unlock crypto’s potential to increase economic freedom in the same way Shopify democratized online commerce,” Coinbase CEO Brian Armstrong said in a press statement.Lütke was an early adopter of crypto through Shopify’s integration with Coinbase Commerce. It serves millions of merchants in more than 175 countries.“The concepts…