Crypto trade Coinbase hopes to grow impression in Europe

By Niket Nishant

July 1 (Reuters) – Cryptocurrency trade Coinbase Global Inc COIN.O said on Friday it was hoping to extend in a few European business sectors, even as the computerized resource market keeps on encountering a slump.

The organization is currently extending in France, Italy, Spain and the Netherlands, it said in a blog entry, adding that it was meaning to send off its retail, institutional and designer items in that large number of business sectors.

In June, Coinbase sliced 1,100 positions, comprising almost 18% of its labor force.