Xapo moves headquarters to Switzerlandbr>
Xapo has officially relocated its corporate headquarters to Zurich, Switzerland due to the country’s stability, and respect for privacy.
“Our primary deep cold storage vault is also located in Switzerland, and at the request of our expanding global customer base, now is the time to bring our center of operations closer to the heart of our security infrastructure,” said Xapo CEO and Founder Wences Casares.
The bitcoin services and security firm said the transition was put in motion three months ago at the request of customers, and that now, Xapo’s operations in Palo Alto are in the process of being reduced.
Xapo is a bitcoin storage and merchant payment processing service provider.