Brian Armstrong, CEO and cofounder of Coinbase, announced on August 6 Tim Wagner’s appointment as Coinbase’s new vice president of engineering. The CEO, in his announcement, placed emphasis on the importance of engineering to the trading platform’s mission.

The mission of the exchange is to establish a transparent and open global financial system, which is uncontrolled by any company or country. Armstrong also said:

“It is core to our strategy to deliver the most trusted and easiest to use cryptocurrency products and services.”

Wagner would be joining the impressive engineering team at Coinbase as its leader and to also champion its subsequent expansion.

Growth in the Cryptocurrency Industry

The cryptocurrency industry is currently experiencing tremendous growth. This has increased the needs of individuals, businesses and institutions. Coinbase is focused on satisfying these increasing customer needs. Thus, the exchange aims to do that while also contributing to the development and advancement of cryptocurrency globally.

In addition to these core functions, the Coinbase team is also working on establishing the infrastructure that supports additional assets on the platform. The team also hopes to provide momentum for the global adoption of cryptocurrency through its activities.

Tim’s Expertise and Experience

Tim Wagner’s appointment to the team is based on his qualities, as well as his previous experience in spearheading global technical organizations. Prior to his new role with Coinbase, Wagner worked with Amazon Web Services. While he was with AWS, he functioned as the general manager for Amazon API Gateway, AWS Serverless App Repository and AWS Lambda.

Further, before his role at Amazon Web Services, he worked with Microsoft for several years. Wagner is an alumnus of the University of California, Berkeley, as well as Princeton University.

On his part, Wagner has expressed a passion for the mission of the Coinbase exchange. The new VP has also reportedly aligned himself with the values of the company.

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