Crypto Companies Are Ramping Up Hiring
The U.S. crypto industry is seeing a surge in hiring as companies prepare for potential market growth under President Donald Trump’s administration.
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Ripple, a blockchain company specializing in cross-border payments, is at the forefront of this trend, actively growing its team and securing new deals.
Ripple CEO Brad Garlinghouse shared on X that in the first six weeks of 2024, the company closed more U.S. deals than it had in the previous two years combined. While specific details of these deals remain undisclosed, the momentum is clear. Ripple’s careers page reflects this uptick, with numerous new job postings since October.
Amid this hiring spree, Ripple’s XRP token surged 10% over the past week, outperforming Bitcoin’s modest 3% gain. Garlinghouse attributed this growth to the “Trump Effect,” noting the positive influence of the new administration on the crypto market.
Ripple isn’t the only company scaling up. Online broker Robinhood is also actively hiring for its crypto division, posting nearly 20 new roles over the past two weeks. Positions include compliance specialists, content managers, and web developers, with opportunities spanning the U.S. and Europe. The company is encouraging applicants to submit resumes as soon as possible.
Robinhood Expands Its Crypto Team. Source: careers.robinhood
Silicon Valley venture capital firm Andreessen Horowitz has announced new roles for crypto-focused event managers in its San Francisco and New York offices.
Blockchain company Consensys, best known for its MetaMask wallet, is also expanding its workforce. A company spokesperson confirmed they are hiring for top-tier strategic positions across the U.S. These new hires will help drive growth in crypto payments, developer tools, and decentralized identity services.
Consensys Hiring Top Talent. Source: consensys.io
The clear leader in recruitment, however, is Coinbase, earning the title of “Most Active Recruiter.” As of now, the exchange is looking to fill nearly 200 positions across various departments, with two-thirds of the roles based in the U.S.
Amid rising optimism tied to the new administration, several major players in the U.S. crypto industry are showing strong momentum, fueled in part by aggressive hiring within their crypto divisions. This trend highlights growing confidence in the market’s future and the readiness of companies to scale their operations.
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