Business

Brett Redfearn, appointed as Vice President of the capital markets division

By Aishwarya Gurav

On Tuesday, U.S. cryptocurrency exchange Coinbase Global Inc deputed Brett Redfearn, a former director of the U.S. Securities and Exchange Commission (SEC), as Vice President of the capital markets division.

Brett Redfearn comes with a great history, as he has spent 13 years at JPMorgan Chase & Co before being appointed as the director of the U.S. SEC’s trading and markets division

Coinbase was valued at $68 billion in a recent private market transaction, about 53 times its revenue in 2020. It was valued at over $8 billion in private fundraising in October 2018.

The company completed its legal work and is ready to regulate in December to go public through a direct listing.

Tags: Brett Redfearn Coinbase Global Inc U.S. cryptocurrency

Aishwarya Gurav

Aishwarya Shridhar Gurav is a recent graduate who pursued her degree in Bachelor of Mass Media & Journalism. She is a dynamic, self-motivated, and highly organized individual with a passion for news and an innate desire for authoring. She aims to pen her thoughts which will lead the way to revolution. and can be reached at aishwaryagurav69@gmail.com