Coinbase Boosts Leadership with Appointment of Anthony Armstrong

Coinbase has strengthened its leadership by appointing Anthony Armstrong to its Board of Directors. Armstrong, a former executive at Elon Musk's companies, brings experience spanning technology, finance, and large-scale operations. He will also join Coinbase's Audit Committee.

Armstrong most recently served as CFO across Elon Musk's companies, including xAI, X.AI Corp., and X Corp. During his tenure, he led the financial operations of some of the closely watched technology companies in the world.

Before joining Musk's companies, Armstrong spent nearly a decade at Morgan Stanley, where he built and led one of Wall Street's most active global technology mergers and acquisitions practices. He ultimately served as Vice Chairman of Investment Banking.

Coinbase believes that Armstrong's experience working across Musk's companies brings direct exposure to frontier technology businesses and large-scale financial operations. The company also appreciates his ability to drive efficiency in complex institutions, having worked on improving efficiency in the Department of Government Efficiency as a Senior Advisor in the Executive Office of the President.