Beating the Odds: Coinbase Features in LinkedIn’s Top 50 U.S Employers Ranking

News / 12.05.2019

The hallmark of any establishment is to be recognized for exceptional achievements which often times comes out of the innovative inputs of the firm. In instances where recognition comes due to growth considerations, then such a company deserves to be applauded. This is the case with Coinbase who recently got recognized as a top employer of labor in the U.S even as more familiar companies were sidelined in the ranking.

Coinbase’s Exceptional History

Coinbase is undoubtedly one of the largest cryptocurrency exchanges in the world and according to Wikipedia, the exchange was founded in June 2012 by Brian Armstrong and Fred Ehrsam. Blockchain.info co-founder Ben Reeves was part of the original founding team but later parted ways with Armstrong due to a difference in how the Coinbase wallet should operate. The progressive introduction of new features in order to boost the exchange’s operational qualities has made it stand out among its peers. The positive growth trajectory of Coinbase has contributed in the recognition awarded the company today

The Significance of LinkedIn Ranking

LinkedIn, the social media app highly notable for professional network geared towards employment. The corporation on April 3 through her Editor in Chief, Daniel Roth released the results of employers ranking which sees Coinbase featuring better than renowned U.S companies. The rankings are based on factors like employee engagement by executives, interest in the company, demand for available jobs, and employee retention rate. Using these standards, Coinbase ranked in the 35th position leaving behind organizations like Intel, Twitter and the likes.

Being recognized thus indicates the recognition of Coinbase role in promoting human capital development. Despite the current downtrend that has bedazzled the cryptosphere since the second half of 2018, Coinbase still stands tall as a significant contributor not just to the trading of crypto or other related activities but in helping to integrate the involvement of diverse professionals ranging from IT, to engineering and human resources amongst others. Currently, Coinbase has about 600 work-force in the United states.

Coinbase has several benefits accruable to their employee’s, part of which is the possibility of payment of workers salary fully or partially in Bitcoin. Been a startup company to watch out for, Coinbase has contributed immensely in making cryptocurrency related transactions thrive by enjoining the participation and or brewing the interests of stakeholders from the financial sector into the adoption of cryptocurrency and blockchain powered alternatives which is serving the cryptosphere aright today.

Conclusion

The technological world is full of dynamic innovations that fuels competition. This reality is now so much pronounced in the cryptosphere where the blockchain technology drives ideas, innovations and creation such as has never been seen before. Combining technological advancement with human capacity building remains a daunting task which when gotten right can help shape the future of the cryptosphere. In view of this, the recognition of Coinbase as part of LinkedIn top 50 U.S employers ranking is a welcome development.

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Alo Kingsley is a Btech degree holder in Building Engineering and has been a strong Cryptocurrency & blockchain enthusiast with immense interest for privacy and masternode coins. He is a passionate cryptocurrency writer and social media marketer since 2017. With a passion for architecture and construction as well he seeks to find a way of seamlessly functioning in the two fields to help Africa and the world at large.