The largest cryptocurrency exchange in the United States has launched an engineering hub in Singapore to boost the local blockchain developer scene.
Coinbase announced on 6 Nov that it has joined forces with the Economic Development Board to offer Singapore-based engineers the resources and training to advance the local blockchain ecosystem. It also aims to make cryptocurrencies more “accessible and useful” for everyday financial needs in the region.
“This brings us one step closer to our goal of increasing economic freedom by onboarding one billion people into the crypto economy, and Singapore one step closer to achieving the digital upskilling goals of the Smart Nation 2.0 strategy,” Coinbase said.
Its country director for Singapore, Mr Hassan Ahmed, told The Straits Times on 6 Nov that the hub will serve as a “structured programme” for undergraduate engineering students enrolled in the exchange’s internship programme, as well as for its newly hired engineers.
He added: “We actively recruit fresh graduates and early-career engineers who may lack crypto experience but share our mission.
“We envision this hub as a launch pad for aspiring Web3 talent in the region, setting them on a path towards fulfilling, impactful careers.”