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Area Development - Site Selection, Facility Planning and Workforce Development

CoinFlip Plans Tampa, Florida, Operations-Innovation Campus

05/20/2022
CoinFlip, a leading financial services provider powered by cryptocurrency, will open a new operations and innovation center in Tampa, Florida. The project expects to create 40 jobs in the next year.

The nearly 8,000-square-foot space will be part of Sparkman Wharf and is slated to open in summer 2022. In addition to expanding its corporate presence, the company will open a 'Crypto Innovation & Experience Center'.

"This is a huge milestone as we look to not only bridge the gap between the digital economy and financial services, but it also represents a pivotal moment in the type of investment we are making in our CoinFlip family," said CEO and founder of CoinFlip, Ben Weiss. "Choosing Tampa was also methodical as it's quickly becoming a crypto hub for the U.S. and we hope to emulate our tremendous success in Chicago. We're thrilled to partner with Water Street Tampa and Sparkman Wharf, which is already a booming crossroads of commercial and residential real estate, it's a perfect marriage."

The Crypto Innovation & Experience Center will be a first of its kind destination in the United States that will aid in community education about cryptocurrency and provide guidance around purchasing digital currencies via the company's on-site Bitcoin ATMs and Trade Desk, the cornerstones of CoinFlip's business. Maintaining CoinFlip's mission of financial inclusion and accessibility, the experience center will also host educational events to benefit both crypto beginners and enthusiasts.

"We're honored CoinFlip chose Tampa for this project and its first ever corporate expansion. Our reputation as a top tech city is growing, and I'm confident our strong talent pool will be a great resource for the company as it looks to expand in the area," said Jane Castor, Mayor of Tampa. "Not only is Tampa an engineering hub, but we are also quickly becoming a center for all things crypto. We're excited to continue to build our presence in the crypto space with the addition of CoinFlip, a true win for the city.”

CoinFlip is a leading financial services platform focused on the digital economy. Headquartered in Chicago, CoinFlip operates the world’s largest network of cryptocurrency ATMs by volume and an over-the-counter trading desk, giving the world quick, easy, and secure access to the benefits of cryptocurrency.

"As CoinFlip looks to expand its product offering and reach a new demographic of consumers in 2022, Tampa is the perfect city to attract top talent and engineer "As we continue to grow Tampa into a thriving technology hub, we look for partners who push the boundaries in their industries," said Lee Schaffler, Chief Portfolio Officer for Strategic Property Partners ("SPP"), the developer of Water Street Tampa. "CoinFlip embraces our vision for innovation at Water Street Tampa and we're thrilled they chose Sparkman Wharf. We look forward to adding Bitcoin ATMs and crypto education opportunities to the district."

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