Coinbase kicks off hiring spree in Asia, other regions

Cryptocurrency exchange Coinbase is planning to go global. The US-based exchange is looking to hire experienced regional and country leaders around the world for its expansion.

Photo credit: Marco Verch / Flickr

The company has identified three regions for expansion: the Americas, which includes Latin America and Canada; the Europe, Middle East, and Africa region; and the Asia-Pacific region, which includes South Asia, Southeast Asia, Oceania, and North and East Asia.

In a blog post, the company said that roles for regional managing directors, country directors, and other global and regional leadership positions were open for these regions. In a previous blog post, it announced that it plans to add up to 2,000 employees across its product, engineering, and design teams throughout the year.

Coinbase added that it will work with governments and regulators around the world to become the “most trusted and compliant crypto company in any market.”

“With these leaders in place, we will develop and execute on in-market plans to launch our products, establish our presence with top local talent, grow our customer base, build our business, and collaborate closely with our external constituents,” said Nana Murugesan, vice president of international and business development at Coinbase.

The company will ramp up investments in these regions to accelerate the growth of the global crypto industry. It has currently invested in platforms such as CoinSwitch Kuber and CoinDCX in India, Bitso in Latin America, and Rain in West Asia.

See also: Are SEA’s tech VCs missing out on the crypto craze?

Coinbase also plans to enter new markets via acquisitions. To date, the company has acquired 21 firms.

With a mission to get crypto into the hands of any person who wants it regardless of their financial status, the startup will enter international markets at scale with offerings such as Coinbase Wallet. In countries that have crypto regulations, the company plans to provide access to a suite of products tailored to the local market.

Coinbase has raised a total of US$547.3 million in funding over 16 rounds, according to Crunchbase data.