Coinbase Hires Elon Musk's Former CFO Amid Canadian Expansion

Coinbase has added Anthony Armstrong to its board of directors, bringing experience from Wall Street, government, and frontier technology.

Armstrong previously worked at Morgan Stanley for nearly a decade, building its global technology M&A practice, before joining the Department of Government Efficiency as a Senior Advisor in the Executive Office of the President. He also served as CFO across Elon Musk's companies, including xAI, X.AI Corp., and X Corp.

Coinbase cited his focus on efficient execution and doing more with less as the reason for the appointment, noting those principles align directly with how the company operates internally.