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Opendoor Names Coinbase Canada’s Lucas Matheson President, Promotes Christy Schwartz to CFO

Investors sent shares higher following Opendoor’s signal to explore blockchain-based tokenization of homeownership.

Overview

  • Both appointments took effect December 15, 2025, as part of what the company calls its next phase of growth.
  • Matheson will oversee corporate development, FP&A, and emerging strategic initiatives that include exploring blockchain and tokenization.
  • Schwartz, who had served as interim CFO since September, was made permanent in the role.
  • The company framed tokenization as an exploratory effort in early stages with no implementation details or timeline disclosed.
  • Opendoor emphasized a technology-forward strategy and new revenue opportunities while balancing innovation with its core buying-and-selling operations.