Coinbase is reportedly planning to move its headquarters from San Francisco to New York, according to a person close to the company. The deal has not been finalized, and it is not clear whether everyone at the company is expected to relocate to New York. Plans to move to New York were first reported by the Wall Street Journal in October.
Coinbase, one of the most popular cryptocurrency exchanges in the world has been in talks with New York State’s Department of Financial Services to establish an office in New York City. The office would likely be located in a Goldman Sachs building in lower Manhattan, where it could employ up to 100 people.
While the industry is still small, one of the biggest names in cryptocurrency, Coinbase, is reportedly looking to set up an office in New York City. The new office is reportedly targeting Wall Street and Japanese investors, a move that could indicate Coinbase is looking to expand into Asia. The company currently operates in 32 countries and processes more than 10 million transactions a month.. Read more about coinbase office locations and let us know what you think.The largest crypto-currency exchange in the United States, Coinbase, is reportedly opening its first office in New York. A Nasdaq-listed cryptocurrency exchange has reportedly leased 30,000 square feet to Point72, the investment firm of Stephen Cohen, in the Related Companies building at 55 Hudson Yards in New York City, the New York Post reported Sunday. Citing sources at the real estate company, the report says Coinbase’s future New York office is only a small part of the 339,000 square foot Point72 tower. The report also notes that the Hudson Yards area is known primarily for its corporate, media and legal sector tenants, but not for technology companies. It’s a new user brand, not just for Related’s Hudson Yards, but for the entire Far West Side, according to a market observer. The largest cryptocurrency exchange in the US, Coinbase, has made even more news this year after joining the Nasdaq exchange in April. The company is known to have CEO and co-founder Brian Armstrong officially announce his unheadquartered position in February 2021. Last month, Coinbase planned to close its San Francisco office in 2022 as part of the company’s drive to be the first remote. Related: Coinbase hires former White House advisor for new political position Armstrong noted that the closure of Coinbase’s headquarters in Golden Gate City will be an important step in ensuring that no office becomes an unofficial headquarters. Instead, we will offer our employees a network of small offices from which they can work if they wish, he said. As Cointelegraph previously reported, Coinbase’s position on remote priority mirrors that of its rival Binance, the world’s largest cryptocurrency exchange. Binance CEO Changpeng Zhao said back in 2019 that the office and headquarters are old concepts like SMS and MMS.Last week, several news outlets reported that the San Francisco-based bitcoin wallet and exchange platform Coinbase was planning to set up an office in New York City as it seeks to expand its user base in the United States, according to a report by The New York Post.. Read more about coinbase office address and let us know what you think.
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