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Jan 14, 2022 - Economy & Business

Crypto jobs surge as money pours into the industry

Erica Pandey
Illustration of gold coins with binary code and the letter "C" against a backdrop of a stock chart

Illustration: Sarah Grillo/Axios

Cryptocurrency-related job postings in the U.S. surged 395% between 2020 and 2021, per a new LinkedIn report.

Why it matters: Job growth in crypto dramatically outpaced the wider tech industry, which saw a 98% jump in postings in the same period.

  • The most common crypto job postings were blockchain developer and engineer, LinkedIn notes.

The big picture: This jobs boom comes as investments are pouring into the industry. Venture capitalists invested a record $30 billion in crypto companies in 2021, according to PitchBook.

  • In another sign of the times, Los Angeles has renamed its Staples Center the Crypto.com Arena.
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