Most members of the leadership team of the cryptocurrency data site CoinMarketCap (CMC) has said goodbye to the company. Five major executives of the Binance-owned CoinMarketCap have left the site including the Chief Executive Officer as well as chief strategy officer at the company Carylyne Chan along with the other four members according to the report from The Block news site.
Five executives of CMC depart from the company
According to the news from The Block Crypto, five executives of the cryptocurrency market data site CoinMarketCap have left the company. The news was announced by the CEO of CMC Carylyne Chan saying that she is leaving the firm.
Apart from CEO and chief strategy officer Carylyne Chan, other four members who are now out of the firm include vice president of products Jeremy Seow, project lead and head of events Jared Chin, global head of design and growth Matthew Lippl, and vice president of operations, growth and revenue Spencer Yang.
These are the five major executives that were included in the leadership team of the company and now they are not the part of this team anymore. As CoinMarketCap is now short out of five executives, its parent company Binance is now looking forward to recruiting new members as their replacement.
While announcing her withdrawal from CoinMarketCap, Carylyne Chan commented:
“I believe that there is also a lot more that we need to do to make the actual use of the technology easier. We’ve all known for a while that better user experiences and simplified interfaces and products will be key to ramping up adoption of crypto.”
Chan is the part of CoinMarketCap since the year 2018. In an interview with The Block, Chan revealed that she is looking for new opportunities in the cryptocurrency world and may also start her own company as well. However, it is not known yet whether the other members who have left the company are looking for other opportunities or not.
The departure of these executives has come right after four months of the acquisition of CMC which was purchased by the leading digital currency exchange Binance in the month of April.
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