Blockchain.com Moves Headquarters from New York to Miami


Blockchain.com is moving its US headquarters from New York to  Miami in an attempt to spur aggressive growth over the next few years.

June 4, 2021 | AtoZ Markets Major crypto solutions provider Blockchain.com announced the move of its US headquarters from New York to Miami and the expansion of the state.

As part of its scaling plan, the company expects to hire 100 employees by the end of the year and another 200 in 2022. They noted that the reason for the move was Miami’s favorable regulatory framework.

According to the press release, Blockchain.com will also expand its product line and support the local science, technology, engineering, and maths (STEM) community through educational programs.

The Internet will be the largest economy in the world by 2030, and cryptocurrency is the financial system built to support it. Miami recognizes the potential of the industry and we look forward to contributing to the city’s rich innovation ecosystem, ”said Blockchain.com CEO Peter Smith.

Miami Mayor Francis Suarez noted that the move of Blockchain.com “reflects the essence of the movement” of the city.

On June 3, in an interview with CNBC, the official recalled that he owns the first cryptocurrency and Ethereum, but is going to acquire more assets.

For the first time, Suarez spoke about his investments in early May. According to him, he made this decision after the approval of the US Senate of the  plan to rescue the economy by $1.9 trillion .

Earlier, the Mayor of Miami said that he was “open to explore” the possibility of  investing 1% of the city’s budget reserves in digital gold.

In early 2021, the official spoke about the possibility of  paying salaries to civil servants  in bitcoin and announced his desire to create a center for bitcoin mining in the city  .

As a reminder, in February, Moore Strategic Ventures, Google Ventures, Lightspeed Venture Partners and other investors supported Blockchain.com  in a $120 million funding round.

Later, the exchange raised $300 million , bringing its business valuation to $5.2 billion.

In May, Blockchain.com acquired the Artificial Intelligence Exchange, a developer of the OTC order matching and matching system.

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  1. Bertrand CHAPPE says:

    13 years ago 99.99% of the world’s people know nothing about Bitcoin and they have been against it ever since There are men, entrepreneurs, smart mayors who understand that it is a revolution for human beings. but there are others who are less intelligent, they are latecomers like ELON, we understand them, we can not do anything for them, leave them in their ignorance.
    Blockchain (Bitcoin) is the future way of life for humanity: transparency, freedom, equality and humanity. The blockchain (Bitcoin) will make the world a better place in many areas in which one of the areas where the people will no longer have servants (administration) sitting on their heads.
    “Bitcoin is hope for 8 billion people.”

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