IPO-bound Coinbase begins hiring in India

Cryptocurrency exchange Coinbase has begun hiring engineering, software development and customer support executives in India as the company looks to expand its business presence in the country. While the company will begin hiring workers to work remotely, it is setting up a unit in Hyderabad

“Coinbase is committed to being a remote-first company, which means that new hires in India, Canada and elsewhere will have the option to work across various locations in their country of hire. We expect to open a physical office, initially in Hyderabad, for Indian employees as COVID-related conditions allow,” the company said.

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A statement by the company further added, “By housing some IT services, including engineering, software development and customer support operations in India, we will benefit from its huge pool of world-class engineering talent. India has long been known as a hub for engineering and technology innovation, and we look forward to finding that world-class talent to help the Coinbase group develop new ways for our customers to interact with the cryptoeconomy.”

It did not say how many employees it was hiring in India.

Founded by Brian Armstrong and Fred Ersham in 2012, Coinbase plans to make a public listing this year on US exchanges. The platform has over 43 million users worldwide and has transacted more than $456 billion to date, according to the company’s latest filing with the SEC.

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