‘Great Crypto Resignation’ continues as OpenSea CFO resigns

Sahana Kiran
Source – Unsplash

The bear market instigated an array of things this year. Following a slew of layoffs from prominent crypto exchanges over the last couple of months, the dynamics seemed to be shifting. The “Great Crypto Resignation” took the front stage. An array of executives of notable crypto firms decided to step down from their roles. It seems as if this trend has prolonged as OpenSea’s chief financial officer decided to call it quits.

Brian Roberts was appointed as the CFO at OpenSea back in December 2021. Just 10 months into the job, Roberts seems to have put down his paper. The former OpenSea CFO announced his exit through a recent LinkedIn post. He wrote,

“Well, it is time for me to come ashore from the “open seas”. I’m grateful for the opportunity and proud of many accomplishments but none more than the strength of the finance team at OpenSea. I had the rare opportunity to build a team literally from the ground up and handpicked game changers.”

Most of them were quite surprised by this one as Roberts had recently joined the firm following his seven-year experience at Lyft. It should however be noted that he would continue to oversee OpenSea as an advisor.

He also pointed out that he was “incredibly bullish on web3 and especially OpenSea.”

Two OpenSea execs depart on the same day

In addition to Roberts, the Vice President of Business Development of OpenSea also decided to step down. Ryan Foutty served the role for a period of 18 months. Both these executives decided to bid adieu to the world’s largest NFT marketplace on the same day. The reason behind this sudden decision was under wraps.

It should be noted that a plethora of firms has been bidding adieu to their executives over the last couple of weeks. FTX US, Celsius Network as well as four senior staffers at Genesis resigned marking the start of crypto’s “Great Resignation” or the “Big Quit.”