As the crypto market continues to fall big tech companies like Facebook are taking the opportunity to hire talent from some of the companies that have failed; Facebook recently acquired talent from Chainspace to test crypto use cases within the social media giant, Facebook was careful to say they did not acquire the company or their technology; the crypto market saw a big boom in 2017 and many new firms were able to raise a lot of capital quickly; since then the market has not fared well but talent is still plentiful for big tech and big banks to offer new opportunities; there has yet to be wide spread adoption within these markets, though there is space for ideas to be tested as many believe there is a future for the technology. Source.
Todd is the host of PitchIt: the fintech startups podcast, a weekly interview show featuring emerging fintech founders and leading venture capitalists. He is responsible for leading the content team which covers fintech through daily & weekly email newsletters, editorial, virtual events, and in-person conferences. He has been covering fintech, banking, and venture capital for more than 15 years, including speaking regularly at industry events.