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Microsoft and Revolut are hiring for crypto jobs

Updated: Aug 27, 2024
Published: Feb 9, 2022
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With the massive rise in popularity of digital currencies, tokens, and, more recently, NFTs, the job market is booming. Both tech giant Microsoft and UK fintech giant Revolut are looking for talent in the crypto industry.

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Microsoft is hiring a Director of Crypto Business Development

According to a job posting on Microsoft's website Feb. 7, the tech giant is looking for a Director of Crypto Business Development. The person will help Microsoft develop a Web3 strategy for its artificial intelligence and emerging technologies development team. In addition, the role includes advising the leadership team on key technology and product roadmap decisions, as well as planning and executing Microsoft's Web 3.0 partnership model, which includes infrastructure and APIs.

The recent job posting demonstrates that Microsoft is trying to move forward in the Web 3 space to create long-term value as it builds out its roadmap. This position requires experience in cryptography and a working understanding of the technology and protocols underlying decentralized finance (DeFi), non-fungible tokens (NFTs), DAOs, and Web 3.0.

Revolut hiring a senior blockchain engineer

On the other hand, while Microsoft is working on its Web3 strategy, fintech giant Revolut is hiring senior engineers to develop blockchain technology at the start-up. Job ads posted in recent weeks say the company is looking for someone to "design and deliver quality blockchain solutions" and work with other teams "on product development and integration of blockchain solutions" into existing systems. They state that applicants should be familiar with Solidity, the programming language used to write smart contracts.

The news comes after CoinDesk reported last September that Revolut was planning to launch its token, subject to regulatory approval. A later report revealed that the $33 billion start-ups were also hunting for a technical director to build their crypto exchange. Two sources close to Revolut confirmed CoinDesk's report that the company is actively working on a token. The former head of the retail operations, Phuc To, is leading the effort.

Tech companies are increasingly embracing crypto

A recent analysis by LinkedIn showed that the number of job postings containing the terms "Bitcoin," "Ethereum," "blockchain," and "cryptocurrency" increased by 395% between 2020 and 2021 in the United States. It looks like interest in crypto jobs and companies looking to develop a Web3 strategy or integrate crypto into their products will not slow down in 2022. Employees of technology companies want to work on the most exciting technologies, and that seems to be cryptocurrency at the moment.

In 2021, we saw high-level executives and developers establishing this trend leaving established companies in favour of cryptocurrencies and other decentralized tech companies. Yet now, in the first month of 2022, we see tech giants like Microsoft and Revolut themselves taking the crypto industry more seriously and trying to attract talent from the industry.

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