Crypto research startup K33 reports a 160% surge in crypto-related employees since 2019, with total industry personnel reaching nearly 190,000 in 2023. The peak occurred in 2021 with over 211,000 professionals, corresponding with Bitcoin's all-time high. Major cryptocurrency exchange Kraken contributed significantly to this growth, seeing a 150% rise in staff numbers since 2019. Meanwhile, some firms including Binance and Coinbase underwent layoffs, and Tether maintained a team of around 60.
