Wall Street firms expand crypto hiring, seek traditional finance experience

Major Wall Street financial institutions, including JPMorgan and BlackRock, are increasingly posting job openings in the cryptocurrency sector, Bloomberg reported. A review of LinkedIn postings shows that the upper salary limit for a digital asset engineer is in the $200,000 to $300,000 range, with Citigroup offering up to $300,000 and BlackRock up to $270,000. However, Bloomberg noted that virtually all positions list traditional finance experience as a mandatory requirement. One role at Morgan Stanley, for instance, requires a minimum of six to eight years of experience in fields such as investment banking or private equity. Paul Przybylski, Global Head of Digital and Tokenized Assets at JPMorgan Asset Management, said that an understanding of both crypto and traditional finance is ultimately necessary.