Crypto firm Luno bucks the trend, advertises 40 new jobs globally

16 Dec, 2018
by David Robb
Crypto firm Luno bucks the trend, advertises 40 new jobs globally

Luno, a crypto firm that offers storage as well as payment solutions, has announced that it will be taking on 40 new staff in the near future. The London-based company is hiring in "offices all over the globe".

Luno was founded back in 2013, and currently claims to have over 2 million users. The company made the announcement that it was hiring via its official Twitter site.

It is bucking the general trend by offering a new career in crypto, which is starting to seem like less of a viable option as the bear market drags on. Ethereum development firm ConsenSys and decentralized browser provider Status.IM both recently laid off a significant number of their staff, and other companies like Dash Core Group are also seeing cutbacks.

Read more: Ethereum startup Status.IM lays off 25% of staffDash CEO reassures community: "DCG is not at risk of shutting down"ConsenSys cuts were "ruthless and swift", according to staff

Crypto investor Barry Silbert was one high-profile figure who noticed Luno's job creation, and suggested to his followers that the idea of a "crypto winter" might not be entirely accurate. Luno isn't the first crypto firm to announced an expansion into Africa recently, although this level of new recruitment suggests an impressive level of confidence and optimism from a player that isn't necessarily leading the market.

Read more: Binance Labs set to launch incubator programs in 5 new CitiesBarry Silbert tells CNBC "the ICO market is dead", but crypto will recoverCryptocurrency platform Luno planning aggressive expansion into Africa

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