Ex-Coinbase global expansion lead joins a16z-backed Matter Labs as president

A former executive at Coinbase Global, Nana Murugesan, who was responsible for spearheading the exchange’s global expansion initiatives, has joined Matter Labs, the developer of the zkSync technology, as the inaugural president. In an interview with Bloomberg, Murugesan expressed his eagerness to embrace the role of a founding partner, emphasizing his aspiration to propel a company to the next echelon of success.

“I’ve always wanted to take on this role of a founder complement, to really help a company scale to the next level, which with smaller companies in earlier stages, it’s possible to do.”

Nana Murugesan

Murugesan disclosed his plans to oversee a team of 60 employees and spearhead a significant recruitment campaign in the upcoming months, adding that the firm would also prioritize the expansion of its marketing, legal, and policy efforts.