‘Oldest crypto platform in the world’ expands into Georgia

Blockchain.com plans to offer its services to all US residents

Aerial view of Atlanta, Georgia                                 
Georgia on my (crypto) mind: Blockchain.com – which claims to be the world’s oldest crypto platform – is now expanding into the southern US state of Georgia – Photo: Shutterstock
                                

The crypto exchange, Blockchain.com, which claims to be “the world’s oldest and most popular crypto platform”, has announced it is now offering its crypto-trading services to over 10 million Georgian residents.

This marks another step in Blockchain.com’s mission to expand crypto access across the US. Once launched in Georgia (nicknamed the Peach State), user sign-up spiked by over 500%, “demonstrating high demand for crypto trading within the state”.

Blockchain.com was founded in 2011 as a bitcoin blockchain explorer. The crypto platform is now available in over 30 US states and is “actively working through individual licence approvals to bring product availability to all US residents”.

In the past month alone, Blockchain.com has launched its services in the US states of Michigan, Oklahoma, Iowa, North Dakota and South Dakota. Within the past year, the company has also expanded into Alaska, Delaware, Illinois, Oregon, New Hampshire and New Mexico.

Blockchain.com valued at $5.2bn

The crypto company has a $5.2bn (£3.8bn, €4.5bn) valuation. In addition, the platform claims it has “more than 37 million verified accounts and 77 million wallets across more than 200 countries”.

The jobs Blockchain.com says it will bring to Georgia include crypto “sales, customer success, people operations, legal, engineering, finance and operations”.

The Peach State now offers crypto education in schools

Brooks Wallace, head of communications at Blockchain.com, said: “We are thrilled to enter a state that matches our excitement about the future of crypto. Just this year, the Georgia House of Representatives approved a high school financial literacy programme that includes crypto.

“As more Georgia residents seek out resources to buy and sell crypto, we look forward to offering them a platform built on accessibility and trust. We also welcome crypto enthusiasts from the Peach State to explore our job offerings for many open remote roles.”

Blockchain.com said: “It will enable increased financial freedom and earning potential for Georgia residents.”

Further reading: Binance to make Ireland part of its HQ plans

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