Wall Street Firms Open Senior Crypto Roles Amid Industry Layoffs

Wall Street giants including JPMorgan Chase, BlackRock, Citigroup, Morgan Stanley, Bank of America, Fidelity, and Jefferies have posted numerous senior crypto roles on LinkedIn, offering a refuge for crypto professionals facing layoffs in native firms. According to BeInCrypto, these positions offer base salaries up to $300,000, but require candidates to have both blockchain expertise and traditional finance experience. This hiring spree is seen as a bright spot in the crypto industry, which is experiencing a prolonged downturn and workforce reductions.