Block.One, an EOS blockchain software developer, will expand its presence in the United States. The company opens a new headquarters in Arlington County, Virginia, investing $10 million. Virginia Governor Ralph NORTHAM announced the company's plans and mentioned a grant of $600,000 from the Commonwealth’s Opportunity Fund.
Block.One COO Andrew BLISS commented on a new initiative:
“Arlington’s proximity to Washington, D.C. allows us to continue building constructive business and government relationships as we provide insights for the application of blockchain-based technologies.”
The company already has a representative office in the city of Blacksburg, Virginia, where 80 employees work. The new facility will employ 170 people in professional and IT services, and will also support the Blacksburg office in research and development.
EOS is the seventh largest blockchain in the world by market capitalization, valued at more than $3 Bln. After the $4.1 Bln initial coin offering in 2017, Block.One made significant investments, including opening offices in Hong Kong and Los Angeles.