Former Lyft Exec Tapped as OpenSea’s First CFO

Tech veteran Brian Roberts said in an interview that he is already planning the popular NFT marketplace’s initial public offering.


Lyft car; Source: Shutterstock


key takeaways

  • Roberts worked at Lyft for seven years and is known for playing a large role in helping the company go public in a multi-billion dollar IPO
  • OpenSea has processed over $10 billion in gross merchandising sales

OpenSea, the largest non-fungible token (NFT) marketplace, has appointed former Lyft executive Brian Roberts as the start-up’s first Chief Financial Officer (CFO), according to a report by Bloomberg on Monday. 

“I haven’t been this excited about something in a very long time,” he told Bloomberg. “It reminds me of 1995 eBay.”

Along with OpenSea’s newest hire, the marketplace may be trying to secure additional funding, Chief Executive Officer (CEO) Devin Finzer confirmed to Bloomberg. Both OpenSea and Roberts have declined to comment further on the matter.  

Although it’s the tech veteran’s first foray into cryptocurrency full time, he is already planning on how to take the company public.

“When you have a company growing as fast as this one, you’d be foolish not to think about it going public,” he said. “It would be well-received in the public market, given its growth.”

During his seven years at Lyft as CFO, the company saw $7 billion in capital raised, along with a successful initial public offering (IPO).

“While I have no intention of changing my license plate from GOLYFT, it is time for me to find new challenges in a new space,” Robert wrote in a LinkedIn post on Friday. “This will be my next great journey to learn, grow and help shape the future.”

The hiring report follows a whirlwind of a year for OpenSea. 

Amid insider trading allegations that shook the marketplace and ultimately led to a resignation from former Product Head Nate Chastain, the start-up has also experienced explosive growth in 2021. 

Founded in 2017,  the platform has processed over $10 billion in gross merchandise value and has a valuation of roughly $12 billion. In August, OpenSea became the first NFT marketplace to hit $1 billion in monthly trading volume.

Specifically, trading volume on the platform was over $200 million in August compared to an average of less than $100,000 last December, according to DappRadar.

“Over the next few years we’ll help build a brand new, open, digital economy,” Finzer said in a blog post on Monday. “I couldn’t be more optimistic about the future.”

Lyft Inc. stock closed on Monday’s news 6.28% higher, at $41.95 per share.

Get the day’s top crypto news and insights delivered to your inbox every evening. Subscribe to Blockworks’ free newsletter now.


Upcoming Events

Hilton Metropole | 225 Edgware Rd, London

Mon - Wed, March 18 - 20, 2024

Crypto’s premier institutional conference returns to London in March 2024. The DAS: London Experience: Attend expert-led panel discussions and fireside chats Hear the latest developments regarding the crypto and digital asset regulatory environment directly from policymakers and experts.


TUES, OCT. 8, 2024

Guided by the expertise of Blockworks Research Analysts team, this one day event will feature senior leaders, entrepreneurs, and developers from across the crypto industry. Attendees will have the opportunity to participate in an immersive experience to explore the latest trends, […]

Salt Lake City, UT

WED - FRI, OCTOBER 9 - 11, 2024

Pack your bags, anon — we’re heading west! Join us in the beautiful Salt Lake City for the third installment of Permissionless. Come for the alpha, stay for the fresh air. Permissionless III promises unforgettable panels, killer networking opportunities, and mountains […]

recent research

Research report cover graphics (1).jpg


Wormhole is a suite of open-source, permissionless protocols used to move assets and queries across blockchains.  Despite being a common misconception, Wormhole is not just a token bridge. Nevertheless, protocols can build token bridges on top of Wormhole by leveraging the cross-chain messaging provided.


Ether is a commodity just up until the point it is not, or, ether is not a commodity just up until the point it is — whichever you prefer


The bull-market conference was filled with good feelings but little clarity on where the crypto industry is headed next


The Friday ruling was issued as a default judgment because Sameer Ramani “appears to have fled the country”


Bitcoin’s previous record high against the Euro was set in September 2021


As bitcoin ETFs grow larger and more liquid, due diligence teams at wirehouses and other investment firms are more likely to clear them, Bitwise researcher says



The TRON DAO team attended ETH Denver, one of the leading events in the blockchain space