Cryptocurrency platform Coinbase announced earlier this week it is establishing operations in Canada for the first time. The Canadian expansion is notably part of Coinbase’s international expansion efforts and allows it to begin hiring from the “talented pool” of technology and finance professionals in Canada.
“Canada has long been known as a hub for innovation and its high-quality workforce, and more recently for its crypto talent. We are hiring technical and recruiting roles immediately and will expand to more functions soon. As we announced earlier this year, Coinbase is committed to being a remote-first company, which means that new hires in Canada and elsewhere will have the option to work anywhere in their country of hire. We expect to open a physical office for Canadian employees later in 2021, as COVID-related conditions allow.”
Coinbase further revealed along with active hiring in the U.S., UK, Ireland, Japan, and the Philippines, establishing a presence in Canada is another important step to building more geographic diversity in its remote-first workforce. Coinbase went on to add:
“While this news will not impact Coinbase’s product offering in Canada at this time, we look forward to investing in the market and will have more to share in 2021!”
Founded in 2012, Coinbase described itself as a digital currency wallet and platform where merchants and consumers can transact with new digital currencies like bitcoin, ethereum, and litecoin.
“Our vision is to bring more innovation, efficiency, and equality of opportunity to the world by building an open financial system. Our first step on that journey is making digital currency accessible and approachable for everyone.”