Woofun AI reports that Coinbase commenced operations at its Raffles Quay No. 1 Singapore office on July 22. National Director Hassan Ahmed confirmed plans to expand the local workforce from approximately 150 to 200 employees by the end of 2026. This hiring surge targets engineering, customer service, relationship management, and institutional sales roles. The expansion proceeds despite a 14% global workforce reduction in May. Ahmed cited Singapore's regulatory clarity and capital flows as key drivers. The firm holds a full major payment institution license and is investigating AI-agent stablecoin wallet integration.