OpenSea’s CFO Resigns Less than 1 year after joining

OpenSea CFO Brian Roberts has left the company less than a year after joining, according to his LinkedIn update atposton friday

Roberts is the former CFO of ride-sharing giant Lyft.participatewith OpenSea last December. As the company’s first finance employee And build the finance team from start to finish, according to his LinkedIn update, where he will continue to serve as the company’s advisor.

Roberts’ exit comes amid the crypto industry exodus, with several crypto executives leaving the company in recent weeks. At the beginning of this week, therereportThat FTX’s head of OTC and institutional sales, Jonathan Cheesman, has quietly left the company, and last month, FTX.US President Brett Harrison resigned as an advisor. That same month, Kraken CEO Jesse Powell resigned to make way for new CEO David Ripley, and Robert Gutmann, CEO of Bitcoin investment services firm NYDIG and chairman Yan Zhao, resigned. the company as well last week.

Even the reasons behind resigning may vary. But it all happened amid difficult market conditions, with the price of Bitcoin dropping more than 70 percent from its all-time high in November last year of around $69,000 to around $19,500 today.

NFT trading volumes have also dropped sharply in recent months. by last month Trading volume on the Ethereum-based NFT market fell about 18% to $504 million, according to The. Block Research

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