Cryptocurrency exchange and wallet firm blockchain.com is moving its U.S headquarters from New York City to Magic city. Relocation plan for expansion includes aggressive hiring in the local Miami job market. The cryptocurrency exchange is looking to hire this year 100 people in the next six months. It’ll hire an extra 200 by the end of 2022.
Opening including engineering, design, product, customer support, marketing, and financial marketing. We’ll be investing to support the local STEM community via education programming.
Earlier in the morning, Miami Mayor Francis Suarez announced at city hall with Blockchain.com CEO Peter smith. “Thanks to strong relationship with the local government we are honored to join the Miami business community,” said peter smith, Blockchian.com CEO.
Why Move Headquarters from New York to Miami?
Miami is a prime location for blockchain.com. The city has welcoming regulatory environments which help fuel crypto innovation. He also noted that Miami was ideal for recruiting a company as one of the financial hubs for Latin America.
“The Internet will be the biggest economy in the world by 2030 and crypto is the financial system built to support it,” Smith said.
Mayor Suarez has been a vocal proponent for tech investment in the region, even pushing for the state’s first financial regulation for cryptocurrency.
It’s all about leveraging Miami’s talent against the world’s top companies in order to build towards our goal of becoming a Miami that lasts forever and a Miami that works for everyone,” Mayor Suarez. He also announced his cryptocurrency holdings in an interview with CNBC.
The last move continues Blockchain.com’s momentum for one of the largest crypto startups. With $5B post-money valuations and nearly $500M in venture funding from the best macro investment in the world. The company prime for its next step for growth.
