Furthering its bid to cater to institutional cryptocurrency investors, Coinbase has inaugurated its New York office for Coinbase Institutional, with plans to rapidly expand to a staff of 150 by next year (to be acquired from Wall Street).
Describing New York as “an incredibly deep pool of talent” at an event celebrating the opening of its permanent NYC office last week, Coinbase Institutional’s general manager Adam White said:
“We have to create a bridge between financial services and technology. In order to do that, we need to pull from some of the best and brightest minds that have worked their whole careers in other kinds of traditional financial firms.”
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