Binance, one of the world’s largest crypto exchanges, has opened a new regional hub in Georgia. The move is part of the exchange’s efforts to attract top talent to the blockchain sector, facilitate educational initiatives related to digital finance, and further develop Georgia’s crypto industry.
The exchange’s Georgia team currently comprises 25 people, but with the launch of the regional hub, the exchange expects to add dozens more jobs by the end of 2023. The company also plans to step up its efforts to strengthen blockchain education and accelerate the adoption of crypto in the region.
The arrival of Binance’s new regional hub comes after months of productive cooperation with local public and private sector organizations and a series of community events.
Binance Partnerships To Advance Web3 Initiatives
Earlier this year, it announced partnerships with crypto payment gateway CityPay and GITA and launched its Charity initiative to support women-focused Web3 education and a BNB Chain hackathon.
The partnership with GITA will support the exchange’s large-scale educational and community initiatives designed to accelerate the development of the digital asset industry in Georgia.
The exchange has also signed agreements with several top educational institutions in Georgia, including the Georgian Business and Technology University (BTU), Alte University, Kutaisi International University, Georgian American University (GAU), and Caucasus University.
Under these agreements, the exchange and Binance Academy will provide educational materials and organizational support to help partner institutions up their game in blockchain education.
Vladimir Smerkis, Binance’s regional director, considers Georgia one of the region’s most innovative countries, with huge potential and interest in developing digital assets in the country.
Binance’s Georgia general manager Giorgi Chagelishvili said:
The opening of the hub in Georgia is a logical continuation of the dialogue that we started with the government last year. Thanks to the hub, we will strengthen the development of the recruiting program in the country, as well as make an even greater focus on the regional presence of Binance.”
Nevertheless, the opening of its brand-new blockchain hub in Georgia is set to strengthen the development of the recruiting program and focus on the regional presence of Binance, accelerating the adoption of crypto in the region.
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