Coinbase opens new office in New York City

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The cryptocurrency exchange's new office caters to institutional clients. Coinbase plans to expand the operation from 20 employees to 150 by next year. Many of the current staff members were hired from traditional financial institutions such as the NYSE, Barclays, and Citigroup. (Source: CoinDesk)

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Steven Zheng is a researcher for The Block. He joined The Block in August 2018. Steven graduated from St. John’s University with a degree in economics. Previously, he covered blockchain and crypto at Radicle, a startup analytics firm. He also had brief stints at Cheddar, a media startup, and Bowery Capital, a venture capital firm. He owns bitcoin. Follow Steven on Twitter at: @Dogetoshi

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