Coinbase, one of the leading cryptocurrency exchanges in the world, has made a strategic move by acquiring the talented team behind the crypto investment platform Sensible. Sensible, a platform that enabled users to earn up to 8% yield on their deposited cryptocurrencies, was founded by Jacob Frantz and Zachary Salmon.

The acquisition of Sensible's team is part of Coinbase's latest "acqui-hire" strategy, where they bring on board talented individuals to enhance their team and capabilities. Frantz and Salmon, the two co-founders of Sensible, have now officially joined Coinbase, bringing their expertise and experience in the crypto investment space to the exchange.

Sensible gained popularity as an investment platform that offered users the opportunity to earn attractive yields on their crypto holdings. By leveraging innovative technologies and smart investment strategies, Sensible provided a secure and efficient way for users to grow their cryptocurrency assets.

With the addition of Frantz and Salmon to its team, Coinbase aims to further strengthen its position in the rapidly evolving cryptocurrency market. The expertise of the Sensible team will help Coinbase enhance its offerings and develop new products and services to meet the needs of its growing customer base.

This strategic talent grab by Coinbase highlights the exchange's commitment to innovation and growth in the crypto industry. By bringing on board experienced professionals like Frantz and Salmon, Coinbase is well-positioned to continue leading the way in the world of digital assets.

The move also underscores the increasing importance of crypto investments in the financial sector. As more investors look to diversify their portfolios and explore opportunities in the crypto market, platforms like Sensible and exchanges like Coinbase play a crucial role in providing secure and reliable investment options.

Coinbase's acquisition of the Sensible team is expected to bring fresh perspectives and innovative ideas to the exchange, driving further growth and development in the crypto space. The collaboration between the two teams is poised to create new opportunities for users seeking to maximize their returns on cryptocurrency investments.

Overall, the acquisition of Sensible's team by Coinbase marks an exciting development in the crypto industry. It signals the exchange's continued commitment to excellence and innovation, as well as its dedication to providing top-notch services to its customers in the dynamic world of digital assets.

Source: https://news.bitcoin.com/coinbase-welcomes-sensible-co-founders-in-corporate-lift-out/