Coinbase, a NASDAQ-listed cryptocurrency exchange, is actively establishing a cryptocurrency center in India. The company stated that it has developed an “ambitious plan” for the South Asia Encryption Center and is looking for many positions, including hundreds of engineers.

Coinbase has an “ambitious plan” for its Indian crypto center

Coinbase published a blog post on Friday, written by Pankaj Gupta, the company’s Indian vice president of engineering and site leader. Gupta joined Coinbase about two months ago, “establishing and leading a new technology center for Coinbase in India,” he explained, detailing:

For builders engaged in encryption work, there has never been a more exciting moment. This is true all over the world, but it is especially true in India, where local crypto talents and the creation and development of important crypto projects are flourishing.

Gupta emphasized: “Our Indian technology center is still in its infancy, but it has already generated incredible interest in our open positions across India.” He added that Coinbase “is also exploring the acquisition and acquisition of start-up companies. Acquisition.”

The NASDAQ-listed cryptocurrency exchange is currently recruiting senior and junior roles in “cross-product management, user experience, design, and program management”. Gupta noted that the company is also “creating a core support team-in areas such as human resources and recruitment-to provide comprehensive support to our India center.”

The vice president of engineering further shared:

We have made ambitious plans for this center in the near future-we hope to hire hundreds of world-class engineers in a short period of time.

“As a product-led company, our new employees in India must really understand the products and services they help to provide,” he elaborated. “That’s why we are launching a new program called CIkka-short for’Coinbase India Sikka’-to provide each new employee in India with a one-time $1,000 cryptocurrency at the beginning.”

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Coinbase officially announced its expansion into India in March. The exchange recently announced plans to launch a similar Apple App Store.

What do you think of Coinbase’s efforts to establish an encryption center in India? Let us know in the comments section below.

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