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HomeTechnologyNana Murugesan, Former Coinbase Executive, joins Matter Labs as President

Nana Murugesan, Former Coinbase Executive, joins Matter Labs as President

April 18, 2024 — Nana Murugesan, previously the Vice President for Business Development, International, and Listings at Coinbase, has taken on a new role as President at Matter Labs, a company dedicated to developing Ethereum scaling solutions. At Matter Labs, Murugesan will oversee operations encompassing marketing, communication, finance, and legal aspects.

Nana Murugesan brings extensive experience from his previous roles, including as Managing Director of International Markets and Mobile Partnerships at Snap, and a nine-year tenure as Vice President and General Manager for Services and New Business at Samsung Electronics. His multidisciplinary background in electrical and computer engineering, along with business administration, prepares him well for his new leadership position.

Murugesan’s appointment is poised to drive significant advancements in blockchain technology scaling. He will lead the firm’s strategic operations, focusing on expanding Matter Labs’ innovative engineering solutions and enhancing their go-to-market strategies.

The announcement came recently, marking a strategic shift for Matter Labs as they aim to broaden their impact and reach in the blockchain sector.

Matter Labs operates globally, with over 60 employees spread across nearly 35 countries. Murugesan’s role will involve harmonizing these widespread operations towards common corporate objectives.

Matter Labs aims to scale blockchain technology to a mainstream audience using zero-knowledge technology, which facilitates fast, secure, and scalable transactions on the Ethereum blockchain. Murugesan’s leadership is expected to catalyze this vision, drawing on his proven experience in scaling high-growth companies and deep industry insights.

Alex Gluchowski, Co-Founder and CEO of Matter Labs, expressed enthusiasm about Murugesan joining the team, highlighting his world-class scaling experience and leadership skills as critical to advancing the company’s vision. Murugesan himself is optimistic about his new role, stating, “With zkSync, we’re tackling the end-game of blockchain scalability and enabling practical applications with developers to bring in the next billion users.”

This strategic hire signals Matter Labs’ commitment to accelerating the adoption of blockchain technology and enhancing its utility for wider applications, setting the stage for significant developments in the blockchain ecosystem.

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