Coinbase to open large Portland office
San Francisco cryptocurrency exchange Coinbase confirmed its plans to open a downtown Portland office and offered more details on its Rose City plans.
The fast-growing company intends to hire up to 100 people in Portland as part of an office that will include customer support, finance, compliance, IT and human resources, the company said in an announcement.
“Opening a new office in Portland will help us tap into the city’s incredibly talented, innovative open-source and blockchain communities,” said Tina Bhatnagar, vice president of operations and technology in a written statement.
Despite the extremely rocky road that #cryptocurrency has traversed this year, I remain very bullish on this technology. I believe the future of #finance and transactional systems is clearly on the side of software-based monetary constructs, and no other company I’m aware of is better positioned right now to drive us toward that future than Coinbase. (Full disclosure: I own a very modest amount of cryptocurrency.)
#portland has been a hotbed for financial startups for quite a while now (Simple is but one example), so it makes a great deal of sense for Coinbase to establish a large presence here. Hopefully that will serve to strengthen the fintech industry here overall.
#payments