Polygon, whose software makes transactions on the Ethereum blockchain more efficient, plans to expand its overall headcount by more than 40% this year as it moves to capitalize on the woes of other crypto companies.
The company, founded in India and based in Dubai, plans to add some 200 people to teams that operate from remote locations around the world, human resources head Bhumika Srivastava said in an interview.
Some of the new hires will join its ranks of roughly 500 full-time employees while others will be contractors working on projects related to the wider Polygon ecosystem. The company is hiring managers as well as engineers and staff for overseeing partnerships.
This year’s crash in digital assets has led to a divergence of sorts, with many companies that built their business models on soaring prices and appetite for speculation crashing while others, buttressed by money raised before the upheaval, have continued to grow.
Polygon, flush with cash from a $450 million sale of...
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