OpenSea CFO Resigns After Almost 1 Year Joining

OpenSea’s chief financial officer, Brian Roberts, has left the company, his LinkedIn account said. His departure follows a string of resignations of the management team of crypto companies.

According to a Friday update on his LinkedIn profile, OpenSea CFO Brian Roberts has left the NFT marketplace startup less than a year after joining.

According to Roberts’ LinkedIn update, the former CFO of the dominant ride-hailing startup Lyft joined OpenSea last December as the organization’s first financial employee and created the finance team from scratch. He will continue to serve the business as an advisor.

Brian Roberts’ departure from the company follows a string of resignations of management teams at major crypto companies. This week, FTX’s head of OTC and institutional sales Jonathan Cheesman had quietly left the firm. Last month, FTX.US president Brett Harrison stepped back from his advisory role. In the same month, Kraken CEO Jesse Powell stepped down to make room for incoming CEO David Ripley. Bitcoin investment services firm CEO Robert Gutmann and chairman Yan Zhao also left the company last week.

Surely the crypto winter also contributed to the departure of these actions.

Indeed, the sales of NFTs on OpenSea – the largest marketplace for digital collectibles – plummeted in the third quarter of 2022, 60% down compared to the second quarter, according to the data published by market analytics platform Cryptounfolded on October 5. Despite this, Roberts said in his LinkedIn update that he remains “incredibly bullish on web3 and especially OpenSea.”

“The company is heads down building and I assure you, the best is yet to come,” he added.

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