Crypto exchange Binance opens blockchain hub in Georgia.
The move comes on the backdrop of a number of partnerships, initiatives, and events the company is involved in in the country.Binance, the world’s largest crypto exchange by daily trading volume, has launched a new blockchain hub in Georgia, the small crypto-friendly nation in the South Caucasus. In an announcement on its website, the trading platform explained the motives behind the project:
By establishing this Web3 outpost, we hope to attract top talent to the blockchain sector, facilitate educational initiatives related to digital finance, and further the development of Georgia’s crypto industry. The leading global exchange noted that it already employs 25 people on its Georgia team but hopes to add dozens more jobs in the coming months. Besides expanding its workforce in the country, it also intends to improve blockchain education and accelerate the adoption of cryptocurrencies in the region.
Binance has been engaged in a series of partnerships in Georgia, including that with the payment gateway Citypay, announced earlier this year, and a
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