Advertisement
U.S. markets closed
  • S&P 500

    5,254.35
    +5.86 (+0.11%)
     
  • Dow 30

    39,807.37
    +47.29 (+0.12%)
     
  • Nasdaq

    16,379.46
    -20.06 (-0.12%)
     
  • Russell 2000

    2,124.55
    +10.20 (+0.48%)
     
  • Crude Oil

    83.11
    -0.06 (-0.07%)
     
  • Gold

    2,254.80
    +16.40 (+0.73%)
     
  • Silver

    25.10
    +0.18 (+0.74%)
     
  • EUR/USD

    1.0791
    -0.0002 (-0.02%)
     
  • 10-Yr Bond

    4.2060
    +0.0100 (+0.24%)
     
  • GBP/USD

    1.2612
    -0.0010 (-0.08%)
     
  • USD/JPY

    151.3420
    -0.0300 (-0.02%)
     
  • Bitcoin USD

    70,231.58
    -406.86 (-0.58%)
     
  • CMC Crypto 200

    885.54
    0.00 (0.00%)
     
  • FTSE 100

    7,952.62
    +20.64 (+0.26%)
     
  • Nikkei 225

    40,369.44
    +201.37 (+0.50%)
     

Coinbase to Expand Tech Hubs into Brazil and Singapore

By Sam Boughedda

Investing.com — Coinbase Global Inc (NASDAQ:COIN) said Monday that it will be opening new tech hubs in Brazil and Singapore.

Shares of the crypto exchange rose 0.8% on Monday.

The company opened its first tech hub in India earlier this year and continues to hire in the region for product, engineering, design, and other roles.

In its blog, the cryptocurrency exchange said it will be building out its engineering team in the two new regions, while it has already hired senior engineering leaders in both countries.

"As a remote-first company, our ambition is to be able to hire anywhere in the world where talent resides," said Coinbase.

"Yet, we also recognize the challenges facing distributed teams, and we work hard at maximizing efficiencies across communications, collaboration, and execution," they added.

Coinbase is opening the hubs as a way to gain technical and market-specific expertise across the key regions it serves.

Related Articles

Coinbase to Expand Tech Hubs into Brazil and Singapore

Stocks tread water, safe haven dollar gains on inflation worries

Exclusive: Exxon launches sale of shale gas properties in Texas

Advertisement