Coinbase is reportedly looking to set up office in New York
The United States’ largest cryptocurrency exchange, Coinbase, appears to be setting up its first office in New York.
After announcing shutdown of San Francisco headquarters last month, Coinbase is reportedly quietly setting up its first office in New York.
The Nasdaq-listed cryptocurrency exchange has allegedly subleased 30,000 square feet from Steven Cohen’s investment firm Point72 at Related Companies’ 55 Hudson Yards in New York.
Coinbase became even more discussed this year after going public on Nasdaq in April. The firm is known for its no-headquarter stance officially announced by CEO and co-founder Brian Armstrong in February 2021. Last month, Coinbase was planning to shut down its office in San Francisco in 2022 as part of the company’s commitment to “being remote first.”
