Kris Marszalek reportedly said Crypto.com planned to “slowly, thoughtfully, and strategically” add new staff members as part of plans to increase the exchange’s registered users.
Crypto.com CEO Kris Marszalek reportedly said the exchange has been adding people to its staff in a move that could increase the number of employees by roughly 1,400.
According to an April 16 Bloomberg report, Crypto.com, Binance, Coinbase, Gemini, and Kraken have been hiring team members as cryptocurrencies like Bitcoin (BTC) rally ahead of the blockchain’s halving. Many major crypto and technology companies announced significant layoffs in 2022 and early 2023 amid a market downturn, resulting in firms including FTX, Celsius, BlockFi, and others filing for bankruptcy.
Marszalek reportedly said Crypto.com had already hired 700 staff members since November 2023 and planned to onboard another 700 for customer service and corporate positions. The CEO said the addition of the staff was aimed at “slowly, thoughtfully, and strategically” supporting plans to increase its number of registered users.