FTX US encourages staff to relocate to new Miami headquarters | .

FTX US encourages staff to relocate to new Miami headquarters

FTX US, the crypto exchange operator, is pushing staff to move to Miami a month after naming the city as its U.S. headquarters. Staff has been encouraged to make the move by mid-November, according to people familiar with the matter. The exchange operator now wants staff to gather in the city that is also home to FTX Arena.

While FTX’s other offices in the United States are not fully closing down, they are being downsized as the startup looks to concentrate its workforce in Miami, the sources said. The move is about getting staff in the same place and ensuring they can communicate well, one person added. Currently, most of the available roles on FTX’s careers page are based in Miami. FTX was contacted for comment but did not respond by 2:00 am ET.

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