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Coinbase Plans 2K-Employee Hiring Spree This Year

The cryptocurrency exchange sees "enormous product opportunities ahead for the future of Web 3."

Coinbase CEO Brian Armstrong (Coindesk archives)
Coinbase CEO Brian Armstrong (Coindesk archives)

Coinbase (COIN), the largest U.S. cryptocurrency exchange by trading volume, will hire up to 2,000 people this year as it seeks to take advantage of opportunities in the development of Web 3 and other areas, Chief People Officer L.J. Brock said in a blog post Tuesday.

  • The company plans to expand its product, engineering and design teams.
  • "We believe our industry is in its infancy and that building onramps for individuals to participate is critical to driving the next-generation use case of crypto," Brock wrote.
  • Coinbase will also add products to expand its offerings in hosting general content such as non-fungible tokens (NFT) and the Coinbase Wallet.
  • Coinbase job candidates should prioritize clear communication, efficient execution and continuous learning, among other qualities, according to the post. They should also take a "mission-focused" approach to their work.
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Greg Ahlstrand

Originally from California, I've been Asia-based since 1999, headquartered in Hong Kong and Jakarta and traveling throughout the Asean countries, Japan, Korea, the Chinese mainland and Taiwan for stories. Made Australia a couple of times, too. I started my journalism career as a news assistant at the Fresno Bee in Central California while studying the subject in school after the Navy. I went from launching and recovering helicopters on flight decks at sea to recovering papers fresh off the printer in the Bee's basement and launching them onto the editors' desks, whose editors had long since gone home for the night. Eventually, they let me stop delivering the paper and start writing stuff in it. My first beat was night cops: liquor store robberies, gang shootings, fatal car crashes (almost always alcohol related). It was an education. I am, as implied above, a U.S. Navy veteran. I served in seagoing helicopter squadrons as an aviation anti-submarine warfare technician throughout the Asia Pacific region and the Indian Ocean. I have a significant number of sailor stories to tell. I have no significant crypto holdings. Among my hobbies are welding, building stuff, home remodelling, (or knocking a house down and starting from scratch if it's too far gone to fix), riding horses and rebuilding old tractors. So far I've done a Ford 8N and a Ford 9N. It's slow going, because I live in Hong Kong and the tractors are in California, so I only get to work on them once or twice a year, for a week or two at a time - and that was before covid. I love my Lab, Cooper, whom my neighbors asked me to adopt two years ago when they moved back to Shanghai from Hong Kong. Cooper and I actually planned the whole thing -- we've known each other almost his whole life -- but his first parents are unaware of the conspiracy; and they send him Christmas presents every year.

Greg Ahlstrand