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Briefing

Coinbase Canada head Lucas Matheson hired as president of Opendoor

Briefing

Coinbase Canada head Lucas Matheson hired as president of Opendoor

By Claire Brownell
Dec 15, 2025
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Matheson, who has led Coinbase Canada since its official launch in 2023, will lead the American online real estate company’s blockchain initiative and oversee corporate development and financial planning. (The Logic)

Talking point: Matheson and Opendoor CEO Kaz Nejatian both previously held executive roles at Shopify. Matheson worked there for five years, departing in September 2021. Nejatian was Shopify’s COO from 2022 until September, when he left to lead the real estate firm. Matheson was a leading voice in favour of crypto-friendly regulatory reforms in Canada and has been a vocal proponent of Ottawa’s forthcoming stablecoin legislation. Opendoor became a meme stock last summer and lost its last boss amid pressure from investors. In a LinkedIn post, Matheson said he was joining Opendoor because “there are just a few antiquated industries left and real estate might be top of the list,” presenting an opportunity in the age of AI and blockchain.

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