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EOS Maker Block.One Expands US Footprint With DC-Area HQ

Block.One, the software company behind the EOS blockchain, will expand its U.S. footprint with a new headquarters in Arlington County, Va.

Updated Sep 13, 2021, 11:29 a.m. Published Sep 25, 2019, 7:00 p.m.
Block.one CEO Brendan Blumer
Block.one CEO Brendan Blumer

Block.One, the software company behind the EOS blockchain, will expand its U.S. footprint with a new headquarters and a $10 million investment in Arlington County, Va.

Virginia Gov. Ralph Northam announced the plans on Monday, along with a $600,000 grant from the Commonwealth’s Opportunity Fund. EOS is the world’s seventh-largest blockchain by market capitalization, valued at more than $3 billion.

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“Arlington’s proximity to Washington, D.C. allows us to continue building constructive business and government relationships as we provide insights for the application of blockchain-based technologies.” Block.One Chief Operating Officer Andrew Bliss said in a statement.

The company already has a Virginia presence with an 80-employee facility in Blacksburg, Va., approximately 250 miles away. Blacksburg is the home of CTO Dan Larimer and has served as the company's HQ since inception.

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The new facility will employ 170 people in professional and IT services and support the Blacksburg office in research and development.

Following a $4.1 billion initial coin offering in 2017, Block.One has made significant investments, including establishing offices in Hong Kong and Los Angeles.

In June, the company announced the launch of a social media platform, Voice, though details on its debut have since been sparse. Block.One has also been criticized for its handling of its treasury, including a June stock buyback and the conversion of its native tokens into bitcoin.

Block.One CEO Brendan Blumer image via Block.One

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