Blockchain.com plans to move its US headquarters to Miami
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Answer Blockchain.com plans to move its US headquarters to Miami
Cryptocurrency service Blockchain.com announced yesterday that the company plans to move its US headquarters from New York City to Miami.
According For the official announcement issued by the company:
Miami is a prime location for innovative crypto companies.
The company highlighted the efforts of Mayor Francis Suarez of Miami in the regional expansion of the cryptocurrency market.
Blockchain.com plans to hire 100 full-time employees in Miami by the end of 2021.
The company is looking to hire an additional 200 full-time employees in 2022.
Commenting on the latest announcement, Peter Smith, Co-Founder and CEO of Blockchain.com said:
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Miami is the main location for “Blockchain.com” as the city has a welcoming regulatory environment that will help drive innovation in the crypto space.
In addition, Mayor Suarez is a strong supporter of tech investment in the region, even pushing for the state’s first financial regulations for cryptocurrency.
We commend him for those efforts, and for his realization of the true potential that crypto must connect to the world and to the future of finance.
Finally, as one of the leading financial centers in Latin America, Miami is an ideal location for employment.
Blockchain.com has experienced significant growth since the beginning of 2021 amid an increase in demand for cryptocurrency services.
In March 2021, the company raised $300 million in a Series C funding round led by DST Global, Lightspeed Venture Partners and VY Capital.
It is worth noting that Blockchain.com received a valuation of $5.2 billion earlier.
Miami and the Crypto Market:
Companies all over the world are starting to consider Miami a cryptocurrency hub due to its crypto-friendly business environment.
Miami Mayor Francis Suarez has revealed his ambitions to make Miami an ideal location for international crypto companies.
Read:Hackers have returned the stolen 259 Ethereum to the decentralized finance platform “Multichain”…details here
During a recent interview with CNBC, Suárez stated that he holds Bitcoin and Ethereum.
The mayor of Miami added that he bought Bitcoin and Ethereum on the day the US Senate passed a $1.9 trillion stimulus bill.
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