Crypto Exchange Coinbase Intends to Expand India Operations


Crypto Exchange Coinbase Intends to Expand India Operations

Coinbase, a Nasdaq-listed crypto exchange is keen to expand its India operations. Its co-founder & CEO Brian Armstrong revealed on Twitter on Friday saying, “Coinbase is building out an office in India! Amazing team already in place — come join us.”

In a blogpost, Pankaj Gupta, VP of engineering and site lead for India, states it is early days for the India tech hub, but “it has already taken off with an incredible amount of interest in our open roles from across India”. “We want to hire hundreds of world-class engineers in the near term…To support our ambitious growth plans in India, we are also exploring startup acquisitions and acqui-hires,” he said.

He said as a product-led company, it’s important that its new hires in India truly understand the products and services that they are helping to deliver. “That’s why we’re introducing a new program called offering each new employee in India a one-time $1,000 in crypto when they start,” he further states.