JPMorgan Hires A Crypto, Metaverse Expert To Increase Industry Presence

American banking giant JPMorgan Chase is looking for Vice President of Payments Business Development to join the West Coast Payments Team for Technology, Media and Telecom, including Web 3, Crypto, Fintech and Metaverse.

Hiring a Crypto Guy

According to a LinkedIn job offer, JPMorgan wants to appoint a “curious and dynamic” leader who can guide the company’s operations “in this sea of technological change.”


“Specifically, this individual will lead proactive prospect and client engagement, collaborate with multiple internal partners, and develop solutions to meet strategic and complex needs of our corporate clients,” the offering reads.

Other main responsibilities will be to “identify and win new payment opportunities in the Web 3, Crypto, Fintech and Metaverse industry subsector”.

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Later, JPMorgan announced that only people with at least five years of experience in a financial services sales role are eligible for this role. Those who have worked in the banking sector before will be “strongly preferred”.

In February of this year, the Wall Street giant released a report that predicted its integrated network of 3D virtual worlds could become a trillion-dollar market in the next few years.

Dimon’s War with Bitcoin

However, it’s rare for the banking giant (especially CEO Jamie Dimon) to say anything positive about bitcoin. For years he has labeled the coin as worthless and warned investors to stay away from it.

In October 2021, he reiterated his position, arguing that BTC serves as the “dumb gold of the future” and has no “internal value”.

About Hama Amefiz

Amefiz is a professional blockchain, cryptocurrency and tech journalist, regular contributor to newsbsc.com who is writing analysis about the latest developments in the cryptocurrency and blockchain space.

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