Charles Schwab, Fidelity and other traditional US-based companies seem to be hiring senior crypto positions to push them into the industry. Open positions arise when regulations become more clarified and Tradfi opens the way into the space.
The open position indicates a firm push into the crypto space. For example, Schwab employs a senior product manager at Crypto Trading and a senior product manager at Crypto Onchain Experiences. As reported by Cointelegraph, the $10 trillion asset manager will launch Bitcoin (BTC) and Ether (ETH) Spot Trading, which will be able to access BTC trading services by April 2026.
Open the encrypted location with Charles Schwab. sauce: Charles Schwab
With $6.4 trillion assets, Fidelity is employed for cryptographic risk analysts. Technology company Booz Allen Hamilton is recruiting experts on cryptocurrency subjects, and Standard and Poor’s Global is hiring senior analysts for global research and development in crypto and decentralized finance.
A surge in employment is coming as the Trump administration seeks better clarity on regulations surrounding digital assets. On July 18, US President Donald Trump signed the act of genius, which regulated the standard and its publisher. The clarity surrounding stubcoin has led traditional financial institutions such as JPMorgan Chase and Bank of America to explore financial products related to digital assets.
The US Senate is expected to consider the Market Structure Bill when it returns from its holiday in September. The bill is expected to provide further regulatory clarity and support crypto integration with traditional players.
Related: “Onchain” fidelity file shares US Finance Fund class on Ethereum
Web3 jobs evolve
According to a report from Crypto’s work site Web3.Career, Crypto’s position is evolving and reflects the industry’s changes as it matures.
Geographic pay arbitrages still exist, with crypto jobs in emerging markets generally outweighing the salaries of employment in other industries.
Remote-first companies are becoming increasingly rare as companies prefer a hybrid work approach and prefer to spread knowledge more quickly. Artificial intelligence had to be mandated from essential skills.
Entry-level jobs are also slimmed down. Crypto companies prefer to hire for senior roles, reflecting traditional corporate approaches.
magazine: Tradfi is building Ethereum L2 to tokenize trillions of rwas – Internal Story
