Coinbase to Open an Office in Portland This Fall
The Californian cryptocurrency exchange Coinbase is expanding to another US state, according to a blog post.
The San Francisco-based cryptocurrency trading platform is set to open this fall an office in Portland, Oregon. According to the company, the destination was carefully chosen from several alternatives.
“We explored a variety of different U.S. cities, and we were inspired by Portland’s incredibly talented, innovative open-source and blockchain communities. We also appreciate the city’s commitment to providing equal opportunities for all, as it mirrors our values at Coinbase,” reported Coinbase.
The company was happy to announce its followers on Twitter as well:
As revealed in the blog post, Coinbase Portland aims to launch 100 jobs this year:
“Our new Portland office will host a variety of business-related functions. We’re hiring right now for roles focused on customer support, finance, compliance, IT and HR, and we expect to add up to 100 new jobs to the local economy this year alone,” declared the VP of operations and technology at Coinbase, Tina Bhatnagar.
Customer Support to be a primary responsibility
The announcement of office to be launched in Portland comes after more customers filed complaints with the US Securities and Exchange Commission. To prevent such situations, the new office will compulsorily focus on customer support. The company was judged by users for not responding to their requests.
The Californian crypto exchange was founded in 2012 by Brian Armstrong. Over 6 years of activity, Coinbase has accumulated over 20 million users. For 2017, the company recorded an income of $ 1 billion.
As previously reported by Coindoo, Coinbase has opened an office in Japan on 4th June. The company has been registered with the Japanese Financial Services Agency (FSA), so that crypto services are legally accessible to Japanese.
Efforts to expand to Japan began in 2016 after the company received sponsorships of $ 10.5 million from Asian investors like “Japanese Bank, Tokyo-Mitsubishi UFJ, and Mitsubishi UFJ Financial Group“.
It seems that the San Francisco-based company is committed to expanding and innovating its services as it is always involved in new projects.