From the offices of Bitpanda, at Dublin Landings on North Wall Quay, Andrew Cochrane, managing director for Ireland, can look across to the investment bank JP Morgan and financial services company State Street. The Central Bank of Ireland is a next-door neighbour, Citi is two blocks away and the tech giants Facebook and Google are within walking distance.
This proximity to world-leading financial and technology companies is among the reasons that Bitpanda, an Austrian cryptoasset trading company that earlier this year was valued at $4.1 billion (€3.6 billion), has decided to set up in Dublin.
The company is one of a tranche of cryptocurrency exchanges to have established a presence here over the past year. Binance, the world’s biggest cryptocurrency exchange, first registered an Irish