Opendoor jumps after announcing Coinbase Canada CEO Lucas Matheson will be its next president
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Opendoor's stock surged after announcing Lucas Matheson, CEO of Coinbase Canada, as its next president. This follows previous management changes, including cofounders rejoining the board and Shopify COO Kaz Nejatian becoming CEO. Matheson will oversee corporate development and explore blockchain technology for real estate tokenization. Christy Schwartz was named permanent CFO. These changes aim to enhance liquidity and boost Opendoor's fortunes.
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