All Insights
20.01.23

Hiring crypto talent – Top 5 US Cities

Ideas
Hiring crypto talent,   Talent insights

East Coast is fast becoming the place for crypto startups

 

According to the latest LinkedIn data, Miami and Washington DC are among the top 5 US locations with the highest number of potential candidates per role in crypto. Talent on the East Coast is huge – and crypto entrepreneurs are starting to take note.

New York City already tops the chart. It’s home to the most well-funded cryptocurrency startups in the US and ranked the world’s best city for a career in crypto.

So what does this mean for Silicon Valley? Does it signal a full shift to the East? Well, not quite yet. But the FAANG giants of the West Coast have definitely noticed. That’s why we’ve seen them investing heavily in New York real estate over the past few years; they’ve spotted the signs of an East Coast boom and they do not want to miss out.

 

Top 5 US cities for hiring crypto talent

(LinkedIn, November 2022)

 

1) New York City

when Mayor Eric Adams committed to making NYC “the center of the cryptocurrency industry” (even converting his first mayoral paycheck into cryptocurrency), he wasn’t kidding.

 

2) Los Angeles

 

Singapore-based Crypto-com paid a whopping $700m to rename LA’s famous Staples Center the Crypto.com Arena, signalling to the world world that LA is a crypto hub to watch.

 

3) San Francisco

no surprises here. But the home of Silicon Valley is starting to slip down the list as we see huge investment elsewhere.

 

4) Miami

home to the US headquarters of Bitcoin, Miami will host the world’s largest gathering of bitcoiners at the Bitcoin 2023 conference in May next year.

 

5) Washington DC

arguably one of the most important cities for crypto. The nation’s capital has seen crypto businesses and government come together to shape regulation, tax proposals and compliance.

Partners we’ve Embedded with

 

Check out our case studies working with Copper.co, Bitstamp and global software giant Hexagon

Copper1

 

Building a Crypto Unicorn – Saving £1.4m

For digital brokerage, Copper.co, who set up in locations like New York and Singapore, attracting top specialist talent in very competitive markets was their biggest challenge.

By redesigning their entire recruitment process and embedding our talent partners to manage it, we were able to help them rapidly expand their core engineering team and scale by 306%

bitcoin
Cryptocurrency. The 8th wonder of the world

Bitstamp has been at the forefront of the crypto industry, not only driving innovation but also acting as a trusted CEX to their customers making them the longest running crypto exchange.

To help them continue this journey of bringing financial empowerment to the masses, Bond partnered with Bitstamp to focus on strategic leadership hiring across the business along with re-designing their recruitment processes and implementing a new ATS globally.

Crypto has seen it’s ups and downs. We’ve been there and done it with our partners.