Coinbase – a leading U.S. cryptocurrency exchange and wallet provider announced on June 28 that they’re opening a new office in Portland, United States. Coinbase was founded in 2012 and boasts of having more than 20 million users, with $150 billion assets traded. Currently, users trade Bitcoin (BTC), Litecoin (LTC), Ethereum (ETH), Bitcoin Cash (BCH), and will soon be able to trade Ethereum Classic (ETC). The statement related to the news office was released on their blog. They mentioned that the exchange has considered different cities before finally deciding Portland.Source
It was chosen for its “incredibly talented, innovative open-source and blockchain communities.” The report suggests that the Coinbase exchange took the office on a seven-year lease. The renovations will start in the coming weeks. As per the blog post, the U.S. cryptocurrency exchange will be adding up to 100 new jobs to the Portland economy this year and will possibly add more as the company grows.
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