EOS Parent Firm Block.one Opens Up Headquarters in Washington DC
EOS parent company Block.one is opening its fourth global site located in the Washington, D.C. metropolitan region.
Creating 170 jobs over the next three years
On Sept. 23, Block.one LLC announced that it is opening new headquarters for its United States operations arm in Arlington, Virginia.
“Its proximity to the nation’s capital positions us close to the policy innovation around digital assets and distributed ledger technology in the U.S. This expansion opens up important new avenues of talent expansions for us at a time when there is rapidly increasing demand for blockchain-based technologies.”Block.one CEO Brendan Blumer
Virginia Governor Ralph Northam recently said that Block.one would invest $10 million into the Arlington area. He also expressed hope that the new headquarters will improve Virginia’s reputation with the IT sector.
According to the governor, Block.one is eligible to receive a Major Business Facility Job Tax Credit for new, full-time jobs created, and was approved a $600,000 grant from the Commonwealth’s Opportunity Fund to assist Arlington County with the project.