- The list has only half of last year’s crypto companies
- Robinhood emerges as the winner
- Ripple and Coinbase takes a big hit, from top 10, slides to late 20s
As cryptocurrency market makes a recovery, companies in the space have lost their spot on “LinkedIn Top Startups 2019: The 50 hottest U.S. companies to work for now,” list.
This year’s list has only three names from the cryptocurrency industry, viz. Robinhood, Ripple, and Coinbase.
Among the Top 10
Robinhood maintained its success this year as it drops a spot down to 7th place, from last year’s 6th rank. The headcount of the company also doubled this past year.
Founded in 2013, California headquartered company let customers buy and sell stocks and exchange-traded funds (ETF) on their phones without commission and has since expanded to options and cryptocurrencies.
In July, the startup secured a $323 million funding round, landing a mighty $7.6 billion valuation.
Hiring for 60 Positions
At 28th rank Ripple is a step ahead of Coinbase but took a drastic drop from last year’s place at 7th spot.
The San Francisco-headquartered company has been in the industry for 7 years now and has the US headcount of 270 in comparison to Global headcount of 250 from last year.
Currently, it is hiring for 60 roles, focused in its engineering unit and Xpring team, while last year they were planning 75 hires by 2018’s end.
Secured Over Half a Million Dollar Funding
Coinbase took even bigger push down as is currently ranks at 29th rank, down from 3rd spot in 2018.
The San Francisco-headquartered company just like Ripple is 7-year old that offers cryptocurrency exchange and digital wallet services. From the global headcount of 500 employees, the US headcount this year is 600.
The startup plans to double its headcount last year and currently has 130 open roles across all departments.
In the last three years, Coinbase has tripled in size and raised $525 million in funding.