Coinbase Doubles Staff Count To 500, Even In Bear Market

Coinbase Hires 250 Employees Within 6 Months

Although many crypto-centric startups have been negatively affected by the most recent market correction the crypto market has undergone, Coinbase seems to be doing just fine and is not only surviving but thriving, even in the roughest of storms.

As per a report from Business Insider, which has become quite the controversial crypto news source over the past week, in February, representatives from Coinbase revealed that it was likely to double its staff count from 250 to 500 by the time January 2019 rolls around. And just a few months after divulging this information, it seems that the San Francisco-based crypto startup has already achieved its goal, with a firm spokesperson noting that Coinbase has already hit and surpassed that growth target.

Business Insider went on to note that the firm, founded in 2012, has been making a multitude of moves to make an impact on Wall Street, hiring individuals from the New York Stock Exchange, Credit…