Online employment-oriented platform LinkedIn has reported demand for employees with experience in crypto or blockchain is on the rise across many companies.
According to a Wednesday report from LinkedIn editor Devin Banerjee, data from the platform’s Economic Graph team shows job postings in the United States that included terms like “blockchain” or “crypto” grew 615% compared to those in August 2020. The data shows that while many jobs with companies already focused on crypto and blockchain contributed to this rise, traditional financial institution J.P. Morgan was among the top employers for roles in the digital asset space.
The LinkedIn team added that financial services firms were expected to hire more than three times as many staff with experience in digital assets than in 2015. J.P. Morgan’s job postings as of July included positions focusing on its global blockchain development efforts — blockchain-focused software developers, engineers, marketers and auditors. The company posted more than 30 openings for its operations in the U.S. in a single week.
“The opportunities in digital assets are plentiful,” said Roman Regelman of the Bank of New York Mellon. “We can now attract talent in a very different way.”
Other major companies not directly involved in crypto or finance have also posted jobs related to crypto space. In February, major online retailer Amazon said it was seeking a software development manager in Mexico to help launch “a new payment product.” In May, Apple said it preferred someone with experience in “alternative payment providers” — including cryptocurrency — for a business development manager position.