Coinbase Expands Singapore Presence with New Office

Coinbase, the largest cryptocurrency exchange in the US, has opened a new office in Singapore to expand its presence in Asia.

The 10,000 sq ft office at One Raffles Quay replaces Coinbase's previous space at WeWork Collyer Quay and will host around 200 employees by 2026, up from 150 currently.

Coinbase plans to build 'high-impact teams' in Singapore that support both its local operations and international business. The company has already established itself as a major player in the region with a focus on regulated digital payment token products and services.