Crypto platform Blockchain.com expands into North Dakota

800,000 residents will have access to Blockchain.com custodial and brokerage product services

A red pin marks North Dakota on a paper USA map                                 
North Dakota pinned on a map of USA – Photo: Shutterstock
                                

The crypto exchange, Blockchain.com, which claims to be the world’s oldest and most popular crypto platform, has announced on Thursday that it will be expanding its crypto custodial and brokerage product availability to North Dakota residents.

Founded in 2011 as a bitcoin blockchain explorer, Blockchain.com will soon be accessible to 800,000 North Dakotans, as part of the platform’efforts to “bring crypto access and jobs to the Midwest”.

The crypto platform is now available in 30 out of the 50 US states and plans to open product availability to all US states through individual licence approvals. In recent weeks, Blockchain.com has seen product availability rollouts in Florida, Oklahoma and Iowa, with expansion into Alaska, Delaware, Illinois, Oregon, New Hampshire and New Mexico within the last year.   

Blockchain.com valued at $5.2bn

The crypto company has a $5.2bn (£3.8bn) valuation and more than $500m (£367m) in venture funding. In addition, the platform states it has “more than 32 million verified users across more than 200 countries who monitor, buy, sell, trade, and store crypto using Blockchain.coms non-custodial Wallet, exchange, and blockchain Explorer”.

The jobs Blockchain.com says it will bring to North Dakota are crypto “compliance, customer success, data science, engineering, finance, legal and marketing”.

North Dakota is no stranger to crypto

Brooks Wallace, head of communications at Blockchain.com, said: “North Dakota is no stranger to crypto, with innovative businesses adding Bitcoin ATMs, cities like Williston accepting crypto for bill payments, and mining companies moving into towns like Jamestown.

“The ability to buy and sell crypto on our platform will open up a whole new earning potential in an industry that empowers anyone in the world to control their money. We also welcome all Peace Garden State residents who share our enthusiasm for crypto to apply for the many open remote roles and join us as we work to build the future of finance,” Wallace added.

Further reading: California is the ‘most crypto ready’ US state

The material provided on this website is for information purposes only and should not be regarded as investment research or investment advice. Any opinion that may be provided on this page is a subjective point of view of the author and does not constitute a recommendation by Currency Com Bel LLC or its partners. We do not make any endorsements or warranty on the accuracy or completeness of the information that is provided on this page. By relying on the information on this page, you acknowledge that you are acting knowingly and independently and that you accept all the risks involved.
iPhone Image
Trade the world’s top tokenised stocks, indices, commodities and currencies with crypto or fiat
iMac Image
Trade the world’s top tokenised stocks, indices, commodities and currencies with crypto or fiat
iMac Image