The number of job openings related to cryptocurrency is rapidly increasing, and a popular job board has observed a significant 1,500% growth in paid job postings within a year.

A recent report from Bloomberg suggests that companies, both new and established, are looking to enter the fast-growing cryptocurrency industry, resulting in a significant increase in job postings. One of the leading job boards focused on crypto-related positions, CryptocurrencyJobs.co, has witnessed a surge of almost 1,500% in paid job listings over the past year.

Even non-crypto job boards, such as LinkedIn and Indeed.com, have reported a steep rise in job postings and searches related to cryptocurrency. According to the founder of CryptocurrencyJobs.co, there is currently a high demand for hiring across various roles in the crypto industry.

Adler’s website has attracted job postings from a diverse range of companies, including well-established players like Accenture and JPMorgan Chase, as well as native cryptocurrency firms such as Coinbase. Most of the job opportunities advertised on the website are in the decentralized finance space, according to Adler.

The tremendous growth in employment opportunities comes as the cryptocurrency market cap has surpassed $2 trillion, driven primarily by the rise of Bitcoin from around $10,000 to over $60,000. Other cryptocurrencies such as Ethereum, Solana, and Cardano have also reached new all-time highs, leading to an increase in demand for professionals in the crypto industry.

However, the year has also witnessed intense regulatory scrutiny, including a complete trading ban in China and a million-dollar fine imposed by the CFTC on crypto exchange Kraken.