JPMorgan, BlackRock, and other Wall Street giants are aggressively recruiting talent in digital assets despite the downturn

According to Bloomberg, as crypto-native companies like Coinbase continue to lay off employees on a large scale and the industry as a whole is in a downturn, traditional financial institutions such as JPMorgan and BlackRock have recently bucked the trend by posting dozens of digital asset-related positions, becoming a major highlight in the current crypto job market.

Analysts point out that having a background in Wall Street has become an important asset for crypto talent to maintain their competitive edge in employment during the industry's downturn.