Report: Crypto Industry Boasts 10,000 Companies and 190,000 Professionals With a Collective Valuation of $180 Billion

A caller study released by K33 Research 3 days agone reveals that arsenic of July 2023, the cryptocurrency manufacture boasts astir 10,000 companies, employing an estimated 190,000 crypto professionals. Notably, K33 provides a broad snapshot of the crypto landscape, highlighting that these 10,000 firms person a corporate valuation of $180 billion.

K33 Research Unveils Crypto Employment Trends successful July 2023 Snapshot

K33 Research released a report this week providing a “high-level overview of the crypto Industry” arsenic of July 2023. The survey was authored by K33 executives Anders Helseth, Torbjørn Bull Jenssen, Bendik Norheim Schei, and Vetle Lunde. According to the report, astir 190,000 individuals are presently employed successful the crypto industry, moving for 10,000 firms with an estimated worth of $180 billion.

According to K33 researchers, the fig of individuals employed successful the crypto manufacture has decreased compared to 2021, erstwhile determination were astir 211,000 crypto employees. Presently, astir 30% of each crypto workers are based successful the United States, portion the United Kingdom accounts for one-third of crypto employment successful Europe. K33’s survey says successful North America, the United States and Canada are the ascendant forces, whereas “crypto employment successful South America correlates with system size.”

K33 survey indicates astir 35% of the worldwide cryptocurrency workforce is concentrated successful Asia and Australia. The study highlights that successful presumption of the African continent and its divers nations, “Nigeria is the crypto powerhouse of Africa.” Approximately 4% of the planetary crypto workforce originates from Africa, with South Africa pursuing Nigeria’s lead. Furthermore, the survey reveals that India surpasses China successful crypto employment. Still, China follows India successful presumption of the starring countries successful Asia contempt China’s crypto ban.

K33’s study shows astir one-third of the existent crypto workforce is employed by brokerage services oregon crypto exchanges. The survey further reveals that the bulk of crypto jobs are successful concern and trading roles. Among the total, 48,500 positions are successful fiscal services, portion the non-fungible token (NFT) and blockchain gaming assemblage accounts for an estimated 12,000 jobs. Approximately 40,000 jobs are centered astir mining and blockchain quality positions, and an further 24,800 employees person undefined roles.

What bash you deliberation astir the fig of professionals moving successful the crypto industry? Share your thoughts and opinions astir this taxable successful the comments conception below.