Coinbase Expands its European Presence in Dublin to Help Deal With Brexit Fears
Coinbase Inc., one of the biggest U.S. cryptocurrency exchange operators, has opened a new office in Dublin, the firm said Tuesday. As Brexit uncertainty continues to push companies to create contingency plans.
The U.S. cryptocurrency exchange operator was founded in 2012 and used to have just one office in London to serve its European Union users. “The number of Coinbase customers in the European Union (EU) grew faster than any other market in 2017.”
Coinbase is expanding its European presence by opening a new office in Dublin. We look forward to tapping into the city’s diverse talent pool and contributing to its burgeoning crypto economy. https://t.co/Hn5fLplJs1
— Coinbase (@coinbase) 15 October 2018
Speaking to Forbes, Coinbase executive Zeeshan Feroz said that the expansion ‘signals Coinbase’s growing presence in Europe and will complement the operations of our London hub, which will remain our European headquarters,” for the exchange, which is ultimately based in the US.
“Our Dublin office signals Coinbase’s growing presence in Europe and will complement the operations of our London hub, which will remain our European headquarters,” said Zeeshan Feroz, UK chief executive of Coinbase.
“We explored a variety of cities across the EU, and Dublin was a clear choice. Our new office will help us tap into the city’s diverse talent pool and long-standing support for technological innovation, including a burgeoning cryptocurrency economy.”
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