Coinbase Returns to San Francisco with Major Office Move

Coinbase has confirmed its return to San Francisco by signing a lease for a 150,000 square-foot office space in the Mission Rock complex located at 1090 Dr. Maya Angelou Lane. The new office will occupy more than half of building B within the waterfront development constructed by Tishman Speyer and San Francisco Giants. San Francisco Mayor Daniel Lurie congratulated Coinbase on its move back to the city, praising it as an ideal place for construction and growth. Coinbase CEO Brian Armstrong acknowledged the challenges faced in improving the regulatory environment for the crypto industry, but noted that the city's efforts have not gone unnoticed. He emphasized that Coinbase has never truly left California, as many of its employees reside in the state.