Block.one, the firm behind EOS, has located its US headquarters in Arlington County, Virginia. The project is expected to bring around 170 jobs over the course of three years.
Virginia Governor Ralph Northam claims that Block.one will help to bolster the state’s reputation as one of the leaders in the fintech sector.
Block.one maintains a strong presence at its Blacksburg operation, and we are thrilled that this global company will expand its footprint in Virginia by locating its U.S. headquarters in Arlington County.”
Earlier, the company called Blacksburg an “important center for its growth” despite the fact that the city with a population of 42,620 people had never dealt with a company of such magnitude.
Our decision to open our U.S. headquarters in Virginia underscores our commitment to investing in the economic growth of the Commonwealth, and our confidence in the talented workforce and support of local leadership,” says Block.one Chief Operating Officer Andrew Bliss.
Peter Thiel-backed Block.one is also headquartered in Los Angeles, Hong Kong, and the Cayman Islands. Hence, Virginia comes off as an unlikely choice given that it was competing with Washington D.C.
However, Arlington has already established itself as a tech hub after it was chosen by tech behemoth Amazon as its second headquarter that is expected to create 400 jobs by the end of 2019.