According to reports, Coinbase is seeking to open an office in New York

According to reports, Coinbase, the largest cryptocurrency exchange in the United States, is setting up its first office in New York. According to the New York Post, the NASDAQ-listed cryptocurrency exchange is said to have subleased 30,000 square feet from Steven Cohen’s investment company Point72, and is located in New York and the related company is located in New York’s Hudson Park Of 55 report on Sunday.

The report cited a source from a real estate company as saying that Coinbase’s upcoming office in New York will only account for a small portion of the 339,000 square feet of the Point72 building. The report also pointed out that the Hudson Yards area is mainly known for businesses, media and legal tenants, but not technology companies.

According to reports, a market observer said: “This is not only a new user brand for the related company Hudson Park, but also a new user for the entire Far West area.”

As the largest cryptocurrency exchange in the U.S., Coinbase has become more popular after leaving this year Listed on NASDAQ In April.The company is known for its headless position Officially announced CEO and co-founder Brian Armstrong February 2021.Last month, Coinbase planned Closes its San Francisco office In 2022, as part of the company’s “remote first” commitment.

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Armstrong emphasized that closing Coinbase’s headquarters in Kinmen City will be an important step in ensuring that no office becomes an unofficial headquarters. “On the contrary, if our employees are willing, we will provide them with a small office network for them to work,” he said.

As previously reported by Cointelegraph, Coinbase’s position on remote priority echoes Similar headless position Competitor Binance, the world’s largest cryptocurrency exchange. Binance CEO Changpeng Zhao stated as early as 2019 that the office and headquarters are “old concepts like SMS and MMS.”