Coinbase’s New NYC Office to Hire 100 in Wall Street Crypto Push

The crypto industry unicorn Coinbase has aggressive growth plans for its newly opened New York office, which caters to institutional clients.

The digital asset exchange plans to expand the operation to 150 employees next year, 从 20 目前. 据该公司介绍, the slump in cryptocurrency prices this year has not quelled institutional demand for this asset class.

When we saw the market begin to correct, which we all expected, institutions didn’t lose interest,” 亚当·怀特, general manager of Coinbase Institutional, 告诉CoinDesk. “It was exactly the opposite.


They look at it as an opportunity to enter when things are not too frothy.

Many of the local staff members were hired away from traditional financial institutions such as the New York Stock Exchange, 巴克莱, and Citigroup.

纽约 “is an incredibly deep pool of talent,” White said during an event Thursday celebrating the opening of its first permanent location in the city (it previously had employees working out of a WeWork there).

We have to create a bridge between financial services and technology,” he went on. “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.

Institutional and retail

To make corporate clients comfortable when they visit, the office has a security staff comparable to the NYSE’s, according to Coinbase’s head of institutional sales, Christine Sandler, who previously worked at the Big Board.

但是, Sandler said Coinbase’s institutional custody, 资产管理, and trading services shouldn’t be seen as conflicting with its previous focus on retail investors. 与此相反的, in her mind, institutional distribution is the key to mainstream adoption.

We want to partner with appropriate institutions to help the whole ecosystem grow,” she told CoinDesk. “It’s not ‘institutional or retail,’ because a lot of these institutions will be distributors.

退一步, Coinbase as a company has been on a hiring spree all through the 2018 熊市, and now has more than 500 employees worldwide. And New York isn’t the only new office attracting institutional clients and recruits.

Coinbase is looking tolight up more countries and more fiat railswith an eye on expansion in Asia and Latin Americapretty quickly,” 说白了. Coinbase already started establishing an office in Tokyo this summer, hiring a small team and applying for a Financial Services Agency certification in Japan.

We’re committed to not being a U.S. 公司,” 说白了.

Photo courtesy of Coinbase: Adam White of Coinbase Institutional ([R), New York City Economic Development Corporation CEO James Patchett, and Coinbase chief compliance officer Jeff Horowitz (L)

在blockchain新闻领导者, CoinDesk是争取最高的新闻标准,并通过一套严格的编辑政策的遵守媒体插座. CoinDesk是数字货币集团的独立运营子公司, 投资于cryptocurrencies和blockchain新创.

让我们来屏蔽广告! (为什么?)

资源: Coindesk