Bitget Report: 33% of cryptocurrency job seekers have previously worked in the banking industry

On January 25th, Bitget released its latest research report. Between 2020 and 2023, bank revenues sharply declined, leading to over 70,000 job cuts. The data from the Bitget report reflects the outflow of employees in the banking industry, with 33% of resumes coming from the banking sector in just 2023 alone. The most common positions include investment relations, identity authentication and compliance, data analysis, product design, and backend engineers in various fields. The high salaries and remote work opportunities in the blockchain industry also attract bank personnel to join. In 2022, 36% of blockchain-related positions were remote jobs, which is twice as high as the global average of 16%. As for compensation, the average salary in banks is $54k USD while cryptocurrency companies have an average salary of approximately $115.667k USD. Furthermore, according to the report's data analysis: HSBC Bank,Morgan Chase,JPMorgan Chase,Citigroup Group,and other giants have successively included decentralized technology development applications into their plans.It is estimated that between years (from)2025-2026,the expenditure on blockchain by banks will reach $22.5 billion USD.In summary,factors such as high salaries,promising innovation prospects,and flexibility are major reasons why talent from traditional financial industries migrate to cryptocurrency domains.