The company is in the process of expanding in France, Italy, Spain and the Netherlands, it said in a blog post.
Coinbase has earlier pointed out that India is “a key element” in its global expansion plans and that it is keen on ramping up investments in India, alongside plans to hire as many as 1,000 people in India this year.
Cryptocurrency exchange Coinbase Global Inc said on Friday it was looking to expand in some European markets, even as the digital asset market continues to experience a downturn.
The company is in the process of expanding in France, Italy, Spain and the Netherlands, it said in a blog post, adding that it was aiming to launch its retail, institutional and developer products in all those markets.
In June, Coinbase slashed 1,100 jobs, constituting nearly 18% of its workforce.