Coinbase expands Singapore operations to 200 staff despite global cuts
Coinbase, the largest US crypto exchange, opened a new office at One Raffles Quay in Singapore and plans to grow its local headcount to 200 by end of 2026, focusing on engineering, sales, and customer service. This expansion occurs despite a 14% global staff reduction announced in May 2026 as part of cost management. The move underscores Singapore’s role as a trusted digital asset hub and Coinbase’s commitment to the Asia-Pacific region.
Editorial responsibility
- No named human review is recorded for this page.
- Reports are grouped by semantic similarity and deterministic rules. Language models may assist titles, summaries, translation and cross-source analysis; the page reads the event directly, while its address stays stable when the title changes.
- Source updates available; summary pending
Summary pending
Cross-source coverage
Reporting timeline
Coinbase Global Expands Its Singapore Operations
Cryptocurrency exchange Coinbase Global (NASDAQ: COIN) is expanding its operations in Singapore, planning to increase its workforce there by one-third to around 200 employees by the end of 2026. The new hiring will focus on engineering, customer service, relationship management, and institutional sales. The expansion comes as Coinbase strengthens its presence in Asia, calling Singapore 'one of the world's most trusted financial hubs.' This growth occurs despite a 14% global staff reduction announced on May 5 as part of cost management efforts. Coinbase said it plans to reorganize teams around artificial intelligence capabilities while reducing management layers. The company sees strong long-term opportunities for crypto and stablecoins in Singapore and across Asia. COIN stock has declined 59% in the last 12 months to trade at $162.13 per share.
Read sourceCoinbase Global Expands Its Singapore Operations
Cryptocurrency exchange Coinbase Global (NASDAQ: COIN) is expanding its operations in Singapore, planning to increase its workforce there by one-third to approximately 200 employees by the end of 2026. The new hires will focus on engineering, customer service, relationship management, and institutional sales. The expansion is part of Coinbase's broader strategy to strengthen its presence in Asia, with the company calling Singapore 'one of the world's most trusted financial hubs.' This growth comes despite a 14% global staff reduction announced on May 5 as part of cost management efforts, with the company reorganizing teams around artificial intelligence capabilities. Coinbase sees strong long-term opportunities for crypto and stablecoins in Singapore and across Asia. COIN stock has declined 59% over the past 12 months, trading at $162.13 per share.
Coinbase to expand Singapore operations, grow headcount to 200 despite global restructuring
Cryptocurrency exchange Coinbase is expanding its operations in Singapore, opening a new office at One Raffles Quay and planning to grow its local headcount to 200 employees. This expansion comes despite a broader global restructuring at the company. The move signals Coinbase's commitment to the Singapore market and its regulatory environment, as the city-state positions itself as a hub for digital asset innovation. The article, published by The Business Times on July 22, 2026, highlights the contrast between Coinbase's global downsizing and its targeted growth in Singapore, reflecting the country's favorable stance toward cryptocurrency businesses.
Show 3 older updatesHide older updates
Coinbase to expand Singapore operations, grow headcount to 200 despite global restructuring
Cryptocurrency exchange Coinbase is expanding its operations in Singapore, opening a new office at One Raffles Quay and planning to grow its local headcount to 200. This expansion comes despite a broader global restructuring at the company. The move signals Coinbase's commitment to the Singapore market and its regulatory environment, as the city-state positions itself as a hub for digital asset innovation. The article, published by The Business Times on July 22, 2026, highlights the contrast between Coinbase's global cost-cutting measures and its targeted investment in Singapore, reflecting the country's growing importance in the crypto industry.
Read sourceCrypto exchange Coinbase opens new office in Singapore, will expand hiring
Coinbase, the largest cryptocurrency exchange in the United States, has opened a new office in Singapore and announced plans to expand its local headcount. The move underscores the company's commitment to the Asia-Pacific region and Singapore's growing role as a hub for digital asset innovation. The new office was inaugurated with Coinbase country director for Singapore Hassan Ahmed, chief fintech officer at MAS Kenneth Gay, Coinbase managing director for Asia-Pacific John O'Loghlen, VP of Digital Industry Singapore at Economic Development Board Seah Yueh Chinn, and Coinbase senior director of engineering in attendance. The expansion aligns with Singapore's regulatory framework for digital assets and Coinbase's strategy to strengthen its presence in key international markets.
Coinbase to expand Singapore operations, grow headcount to 200 despite global job cuts
Coinbase, the US-based cryptocurrency exchange, is expanding its operations in Singapore by opening a new office at One Raffles Quay and planning to grow its local headcount to 200 employees. This expansion comes despite the company implementing global job cuts, signaling Singapore's strategic importance as a hub for the crypto industry. The move reflects Coinbase's commitment to the Asian market and its confidence in Singapore's regulatory environment for digital assets. The new office will support the company's growth plans in the region, including potential new services and partnerships.
Read source