Coinbase Figures On LinkedIn’s List Of Top US Companies

By Rishma Banerjee

cryptocurrency has been gaining more and more traction, over these years, and its basic adoption rate has gone up by leaps and bounds. It seems that now, a cryptocurrency company has found its own name in the latest edition of LinkedIn’s list of top 50 most sought-after U.S. companies . The compnay in question is Coinbase, which has been ranked at 35 on the list. Companies, which are at the top of the list are Alphabet, Facebook and Amazon. LinkedIn has elaborated that the list has been based on an analysis of anonymized user actions in the following categories: interest in the company, engagement with the company’s employees, job demand and employee retention.

Coinbase, which is based out of San Francisco, USA, has reportedly been valued at $8 billion and is ranked higher on LinkedIn’s list than the likes of Twitter, Intel and JPMorgan Chase.

LinkedIn has pointed out that the company offers an option to pay its employees with cryptocurrency. Apparently, around 40% of Coinbase’s employees have decided to receive a portion of their paycheck in cryptocurrency.

Since talent with expertise in the blockchain field is smaller than the demand, there exists a very strong competition between companies when it comes to recruitment. According to a CoinDesk report from November 2018, Coinbase has even introduced luxurious employee perks such as egg-freezing, an expensive treatment that makes it easier for women to conceive later in their lives.

In September last year, LinkedIn placed Coinbase in third place in its list of the 50 most sought-after startups in the U.S. However, that list also included other companies in the blockchain and cryptocurrency industry – Ripple, Gemini and Consensys all made the cut.

Rishma Banerjee

Rishma is currently pursuing a bachelor’s degree in International Relations and has a special place in her life for sifting through all sorts of random trivia, thank you very much.

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