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Coinbase Building Out An Office In India, Company Founder Brian Armstrong Tweets Out

Coinbase Building Out An Office In India, Company Founder Brian Armstrong Tweets Out

Coinbase CEO Tweets About Building An Office In India

Coinbase, a successful and much-renowned cryptocurrency exchange, is now expanding its operations to the Indian subcontinent. Brian Armstrong, the co-founder, and CEO of Coinbase tweeted out that they are ready to build an office and a team, in India. This particular tweet garnered a lot of responses from various parts of the world. 

In this tweet, he linked a blog post published on Coinbase’s website that detailed the company’s strategy. Leveraging India’s tech talents in addition to pushing India to be a booming crypto sector, is their goal. 

Indian Startups Catching The Foreign Eyes

India’s crypto industry is catching the eyes of foreign funds, even if the local investors are extremely wary. Startups such as Polygon and Instadapp caught the attention of global investors. Therefore, the success of such Indian startups puts Indian players on the radar of domestic and international funds.

Coinbase And Their Ambitions

Coinbase is also interesting in acquiring some booming startups to explore the native crypto talent in the country. To push their ambitious growth plans in India they have opened the doors for startups to join under their wings. Coinbase aims to hire hundreds of world-class engineers to follow their ambitious plans.

Crypto products and NFTs are unregulated and can be highly risky. There may be no regulatory recourse for any loss from such transactions. Crypto is not a legal tender and is subject to market risks. Readers are advised to seek expert advice and read offer document(s) along with related important literature on the subject carefully before making any kind of investment whatsoever. Crypto market predictions are speculative and any investment made shall be at the sole cost and risk of the readers.