Crypto giant Coinbase plans Charlotte expansion, adding over 130 jobs

Coinbase, the nation’s largest crypto exchange, is expanding to Charlotte.

The company plans to hire more than 130 people, L.J. Brock, chief people officer of Coinbase said Wednesday on LinkedIn.

While the majority of Coinbase employees around the world work remotely, some jobs are required to work in an office because of the nature of the role to protect customers, Brock said. “This is one of those instances,” he said.

Company officials who spoke with The Charlotte Observer would not disclose the office location or how much Coinbase is investing in the Charlotte expansion.

“We’re coming to Charlotte for a specific reason,” Brock said in the video. “We think there’s an incredible intersection of financial services and technology talent in the greater Charlotte area.” Charlotte is one of the nation’s largest banking centers.

What is crypto currency?

Crypto is digital or virtual currency that, unlike traditional currencies, is not issued or controlled by a central bank or government. Cryptocurrencies have no intrinsic value and are simply worth what people are willing to pay for them in the market.

The Charlotte jobs are for compliance and customer support. Coinbase will be hiring over the next six months. Positions range from $32 to $41 for hourly and $96,000 to $117,000 for salaried workers, according to CharlotteAxios, which first reported about Coinbase’s plans.

The expansion is part of Coinbase’s overall growth strategy to hire more than 1,000 employees in the U.S. this year, Brock said.

Coinbase has over 4,000 employees worldwide with hubs in San Francisco and New York City.

Although initially a critic, President Donald Trump has been overhauling policies toward cryptocurrency and promised to make the U.S. the “crypto capital of the world.”

In December, then-President-elect Trump appointed Charlotte native Bo Hines, 29, a former college football player and Republican congressional candidate from North Carolina, to work alongside “White House A.I. & Crypto Czar” David Sacks.

In February, the Securities and Exchange Commission dismissed civil enforcement actions against Coinbase and Coinbase Global following the formation of the Crypto Task Force, which will develop regulations for crypto assets.

On April 18, Oregon Attorney General Dan Rayfield filed a lawsuit against Coinbase for selling unregistered securities, or high-risk investments, without consumer protections. Unregistered securities are “vulnerable to pump-and-dump schemes and fraud,” Rayfield said in a news release.

States must fill the enforcement vacuum being left by federal regulators who are giving up under the new administration and abandoning these important cases, he said.

This story was originally published April 23, 2025 at 1:14 PM.