Cryptocurrency exchange Coinbase plans to hire over 130 employees in Charlotte, expanding its presence in a city increasingly known for its fintech sector.
A Coinbase spokesperson confirmed the move, citing Charlotte’s growing reputation as a banking and technology hub. The company aims to meet rising customer and regulatory demands by tapping into the region’s skilled workforce and expanding its operational footprint.
The hiring push in Charlotte is part of Coinbase’s broader effort to add 1,000 new employees nationwide in 2025. CEO Brian Armstrong attributed the expansion to recent favorable regulatory developments under President Donald Trump’s administration, which has signaled support for the crypto industry.
Historic day at the Whitehouse Digital Asset Summit. Thanks to @POTUS’s leadership, along with @DavidSacks, the U.S. now has a Strategic Bitcoin Reserve and emerging regulatory clarity.
This is directly translating to economic growth in the U.S. For instance, Coinbase plans to… pic.twitter.com/5ARspOgDZy
— Brian Armstrong (@brian_armstrong) March 7, 2025
Coinbase currently employs 3,772 people, according to Stockanalysis. The new hiring plan would increase its workforce by approximately 27%.
The company has operated as a remote-first organization since 2020, with physical offices in San Francisco and New York. The Charlotte expansion marks a significant investment in a decentralized but connected staffing model.
In addition to growing its workforce, Coinbase is also considering applying for a U.S. federal bank charter, a move that could further position the company as a central player in the evolving financial services landscape.