EXCLUSIVE: Coinbase Conquers Canadian Crypto Market, Sets Sights On Future Growth – Coinbase Glb (NASDAQ:COIN)

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Following Coinbase Global Inc‘s COIN launch in Canada, Benzinga spoke with the exchange’s Canada Country Director Lucas Matheson to discuss the expansion and plans for the upcoming year.

BZ: It’s been quite a journey for Coinbase in Canada. You launched this summer and quickly expanded to around 200 employees. Can you share the challenges you faced during this rapid scaling, and is there anything you wish you had approached differently in this market?

Matheson: Coinbase Canada has had a fantastic year since we launched. We’ve built an incredible team across the country. Many Canadians have worked for Coinbase for several years, but we’ve expanded that.

Furthermore, we’ve had some big wins, namely improving our product experience. One key milestone was introducing Interac – a Canadian interbank network addressing a significant product gap and making it easy for Canadians to deposit money through online banking. Over 80% of our…

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