US Crypto Firms Paying $300,000 Wages Leave Foreign Peers Behind

March 20, 2024, 4:46 AM UTC

US crypto companies offer significantly higher compensation packages than overseas rivals, according to a survey of startups by digital-asset investment firm Dragonfly Capital.

The report shows US crypto salaries exceed wages abroad by 13% on average and that equity and token incentive packages are 30% higher. Tokens linked to crypto projects can be part of compensation, somewhat like share options.

But US crypto startups are less likely to issue such tokens than digital-asset businesses elsewhere. The report found that 11% of crypto firms in the US had launched a token, compared with 38% of international firms.

That is likely linked ...

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