Bitwise CEO urges displaced tech workers to join crypto, citing high-paying roles amid AI-driven layoffs and TradFi demand.
Bitwise CEO Hunter Horsley is targeting tech workers displaced by AI, pitching crypto as a high-opportunity sector with competitive salaries. Base pay for crypto roles at firms like JPMorgan and BlackRock has reached $300,000, reflecting demand for blockchain and TradFi compliance expertise.
The push comes as AI-driven automation reshapes Silicon Valley’s workforce, with major tech firms cutting jobs. Horsley framed crypto as a pre-mainstream bet, similar to early OpenAI hires, despite industry challenges like scams and regulatory uncertainty.
Traditional finance firms, including Citi and BlackRock, have recently posted crypto-related roles, seeking hybrid talent. Meanwhile, crypto firms are reducing staff, creating a talent shift toward more stable employers.