By Nancy Dahlberg
As the massive Bitcoin 2021 conference gets underway, the crypto news keeps coming – and this announcement brings a major hiring commitment.
Blockchain.com, a major cryptocurrency exchange, is moving its U.S. headquarters from New York City to Miami, Miami Mayor Francis Suarez announced at City Hall with Blockchain.com CEO Peter Smith, ahead of the highly anticipated Bitcoin Miami conference this week.
Blockchain.com plans to hire 100 full-time employees by the end of 2021, and 200 more in 2022.
"Thanks to a strong relationship with the local government, we are honored to join the Miami business community," said Peter Smith, Blockchain.com CEO, in the announcement. "The internet will be the biggest economy in the world by 2030, and crypto is the financial system built to support it. The City of Miami recognizes the industry's potential, and we look forward to contributing to Miami's rich innovation ecosystem."
This is the second blockchain-related company relocation announced this week. On Wednesday, blockchain-focused venture capital group Borderless Capital said it will be moving its HQ to Miami and launch a $26 million fund.
"Blockchain.com's arrival in Miami perfectly encapsulates what the Miami Movement is 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," said Miami Mayor Francis Suarez.
Suarez also said that in addition to the hiring, there are philanthropic benefits to this announcement. Blockchain.com has also said it will support the local crypto ecosystem by supporting the South Florida STEM community via educational programming.
Blockchain.com has a $5B post-money valuation and has raised nearly $500 million in venture funding. The company currently has 32 million verified users in over 200 countries using its products, including its popular non-custodial Wallet, the fastest Exchange for trading, a block Explorer to check transactions, and a bespoke Institutional Markets business.
More information on job openings, including engineering, operations and customer support: Blockchain.com.
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