Cryptocurrency has evolved from the early days of "speculating on coins" to becoming the infrastructure backbone for Wall Street and payment giants. If financial institutions are merely jumping on the bandwagon, they won't be expanding their hiring, let alone recruiting across product, BD, trading, backend engineering, and blockchain development all at once. The more complete the job structure, the more it indicates that these financial institutions are building a long-term system. On the payments side, there are Visa, Mastercard, AMEX; on the banking side, JPMorgan, Citi, Morgan Stanley; on asset management, BlackRock; and on consulting, EY. The goal is to create an integrated business combining payments + banking + asset management + compliance services, beginning to connect on-chain assets with traditional finance's clearing, settlement, custody, risk control, and compliance frameworks. The path to compliance is gradually taking shape, and Wall Street has already started recruiting, positioning, and developing products because they are betting that future asset issuance, settlement, and capital flow will increasingly move toward "regulated on-chain and crypto-financialization."
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
Cryptocurrency has evolved from the early days of "speculating on coins" to becoming the infrastructure backbone for Wall Street and payment giants. If financial institutions are merely jumping on the bandwagon, they won't be expanding their hiring, let alone recruiting across product, BD, trading, backend engineering, and blockchain development all at once. The more complete the job structure, the more it indicates that these financial institutions are building a long-term system. On the payments side, there are Visa, Mastercard, AMEX; on the banking side, JPMorgan, Citi, Morgan Stanley; on asset management, BlackRock; and on consulting, EY. The goal is to create an integrated business combining payments + banking + asset management + compliance services, beginning to connect on-chain assets with traditional finance's clearing, settlement, custody, risk control, and compliance frameworks. The path to compliance is gradually taking shape, and Wall Street has already started recruiting, positioning, and developing products because they are betting that future asset issuance, settlement, and capital flow will increasingly move toward "regulated on-chain and crypto-financialization."