ByCoinGape
Coinbase:- The leading crypto ecosystem Coinbase often describes itself as “a remote first company,” however, in a changing stance this week, the company made a significant announcement in its remote working culture.
With the firm entering the fourth quarter of the year and industry keeping eyes on its Q3 results, the company said it will keep a “remote-first” posture but will mandatorily require employees to have quarterly, week-long in-person sessions called “Surges” in its office in New York.
Coinbase CEO Brian has always been vocal about the working culture at the company. In a X post on September 2025, he informed that “they get together in person every quarter”, According to him, “the company is remote first, but not remote only.”
Now this new move – the company says is meant to accelerate product work and deepen cross-team collaboration as parts of its trading business show signs of softness. The announcement, posted by Chief People Officer L.J. Brock, frames Surges as an evolution of Coinbase’s pandemic-era playbook: remote flexibility plus intermittent, outcome-focused in-person weeks.
Also Read: Binance Launches Crypto Card in Brazil
The change does appears operational as much as cultural. In his post, Brock argued that periodic, concentrated in-person weeks can “unlock problem-solving that remote work alone can’t always deliver”. The new Surge cadence is intended to be outcome-driven rather than a return to mandatory office days.
Coinbase said Surges will initially focus on teams working on priority projects and will typically be held in its New York and San Francisco hubs. However, besides opening its new office in New York, the exchange is building similar work spaces in other cities too (names remain undisclosed).
The timing of the policy tweak comes as Coinbase’s trading revenue and retail activity have failed to abide by the expectations in Q2 2025. This comes as the exchange recorded low trading volume in second quarter to stand at dollar 237 billion from 260 billion dollar in the same period last year.
With the exchange eyeing Q3 analysis, Coinbase continues to expanded its services. It has announced the launch of staking services in the United States – from currently 46 states to New York – complying with the complicated crypto regulations of the region.
The exchange has also made DEX trading live within its app, allowing US users to trade a list of Base-native tokens at launch. Its L2 network Base is also considering token launch exemplified with its recent hiring of “Token & Governance Research Specialist.”
Despite spot trading volumes falling 40% QoQ, Coinbase’s profitability has expanded. The company’s business focus has also purely moved away from a pure reliance on trading fees/retail (only 28%) towards diversification in derivatives, institutional custody, staking, crypto-as-a-service and USDC-related distribution as sustainable lines. Historically, retail transaction fees made up the bulk of Coinbase’s revenue, but Redburn estimates transaction fees now account for about 50% of revenue – down from roughly 90% in earlier years – as other lines expand.
A Barron report predicts Coinbase to report stronger subscription & services growth in Q3 vs earlier quarters. Thus. with the continued expansion drives amid schuffling for trading volumes across its products, the tweak in remote work policy does make sense.
Also Read: Justin Sun’s TRON Entry into Perps Market
More Stories
Share