The global cryptocurrency industry is worth $180 billion and has more than 10,000 companies, according to a July 5 report by K33 Research.
The firm noted that the sector would be much more valued if measured against the peak of the bull market in 2021.
Additionally, Singapore and Hong Kong are the top cryptocurrency hubs in Asia, with 65,900 employees accounting for 35% of global cryptocurrency employment.
With 3,400 employees, Binance is the largest employer in Asia, followed by OKX exchange (3,000 employees) and Crypto.com (1,900 employees).