Hiring in the crypto market has made headlines with many known professionals getting hired for a salary that is 20x or 30x more than the same offered by companies in traditional finance or any other sector; recently reported joining of Akshay Naheta as co-CEO of Bakkt.
Earlier this Akshay worked with SoftBank, and there are arguments that his prior will Bakkt to overcome the losing usage among traders and users, which had affected infrastructural and financial means.
Bakkt’s press release dated March 19 says that Akshay will work closely with the board and the current Chief Executive Officer of the company, Andy Main.
According to data from his LinkedIn profile, Akshay has worked with names like SB Management Limited, and SoftBank Group as Senior Vice President and is also the founder and CEO of Disturbed Technology Research.
Data available on Wikipedia notes that Akshay played a significant role in the sale of Arm to Nvidia; he is a world-renowned Indian-born British business executive.
Akshay’s joining to help Bakkt boost its business
With his joining at Bakkt, the Chief Executive Officer of the company said, “ This partnership marks a pivotal moment for Bakkt,” further adding that We believe that Akshay joining the leadership team and integration of DTR’s technology with Bakkt will propel us from a leading crypto technology platform and liquidity provider into a more comprehensive, utility-based, institutional digital assets trading and payments platform. Our mission is to deliver the best possible experiences in trading and payments, empowering our clients to scale into the next generation of digital finance. We’re thrilled to welcome Akshay and eager to unlock the full potential of our partnership.”
And Akshay said, “ I founded DTR with the vision that stablecoins provide unparalleled efficiency and utility in shaping the future of payment systems.”
Why are jobs in the crypto sector in hype nowadays?
Over the years it has been constantly reported that jobs in the crypto market are paying more salaries than for the same role in the traditional market.
Some highest paid jobs in the crypto market are blockchain developer, crypto trader, market analyst, cybersecurity expert, and content writer.
A report by financial express notes jobs in the crypto sector payment 153% more than that is paid in traditional market; one primary reason behind the hype of jobs in digital assets sector is the adoption and usage of cryptocurrencies worldwide. The average salary of a blockchain developer in the United States is $150,000.
In 2024 last a report cited sources and said the total crypto adoption has crossed the milestone of 600 million in a much shorter duration than other.
With the growing demand for digital assets pre established and establishing companies have continued to hire professionals for these roles to strengthen their safety, security, and features to cater wider audience.
