Japanese exchange Bitflyer is on a hiring spree, trying to tap talent from Wall Street. The company says coders can make $100,000, and plenty of employees earn $200,000. Besides already operating in three regions, the exchange is expanding into additional countries and adding more services.
Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space
Number One Goal
Japan’s largest cryptocurrency exchange by volume, Bitflyer, is on a hiring spree. The company is eyeing traders and bankers from Wall Street, including from its CEO’s former employer, Goldman Sachs, according to Bloomberg. With over 2 million users on its platform, the number of Bitflyer employees “has doubled to more than 150 people in the past six months and is on pace to top 300 before year-end,” the news outlet detailed.
“At Bitflyer, we are actively recruiting talent in many occupations,” the company tweeted this week. CEO Yuzo Kano said in an interview:
My target is to be number one in the world…To get there, I need to grow headcount. And those with the best skills come from global banks.
Bitflyer is among the 16 crypto exchanges that have been approved by the Japanese Financial Services Agency (FSA). Last month, the exchange strengthened its user verification process after reports of a discussion with the regulator.
Finding Talent and Expansion Plans
Yuzo Kano.
Kano believes that Bitflyer’s ideal finance recruits are either experienced bankers in their 40s tired of corporate bureaucracy or younger associates in their 20s.
The CEO explained that former traders and bankers are ideal for crypto firms because they understand how to operate in regulated markets, the publication noted, adding that coders “with a high school — or even middle school —
