NewsletterRipple, Chainlink and Circle Named Top Workplaces For Millennials: Fortune
Highlights
- Ripple, Circle and Chainlink are top places for Millennials to work
- This recognition is evident of the growing appeal of crypto
- The tokens associated with these firms are not exhibiting a corresponding surge
In strong recognition of top crypto companies like Ripple Labs Inc., Fortune has named the best companies to work for. When it comes to choosing a place of work, millennials are usually concerned with some factors. This includes sustainability, social justice, and economic equality. Besides Ripple, Circle and Chainlink also made it to the list.
Ripple Labs Appeal With Millennials
Fortune collaborated with global people analytics firm Great Place to Work to analyze survey feedback representing employees from companies across the United States. About 1.3 million employees were respondents to the survey. From this total, 510,000 people falls into the category of millennials, that is, those who are between the ages of 28-43. Amongst the long list of small and medium-sized companies chosen by respondents, crypto companies Ripple, Circle, and Chainlink were featured.
Precisely, Brad Garlinghouse’s Ripple ranked 32nd out of the 2024 Fortune Best Workplaces list of 100 companies. Similarly, Chainlink, a provider of key infrastructure and pricing oracles for the entire crypto industry, also made it to the list at number 9. Top stablecoin issuer Circle was found at 71st position on the 2024 Fortune Best Workplaces for millennials.
The feature of these crypto-related companies and their individual ranking reflects the appeal of digital assets to young minds. Separately, it is obvious that these companies are becoming more attractive to a lot of people. While this may not mean much to their ecosystem, the listing may have a ripple effect in the future.
For now, XRP, which is associated with Ripple, is currently trading at $0.5686 corresponding with a 6.48% drop in the last 24 hours. LINK is trading at $13.64 with a 1.91% drop while USDC, issued by Circle, remains pegged to the USD at 1:1.
Digital Asset Adoption Surged With Spot Crypto ETFs
Generally, the crypto industry has seen a higher level of traction and mainstream adoption in the last months. The advent of spot Bitcoin ETFs contributed to this surge. The United States Securities and Exchange Commission (SEC) approved applications for Bitcoin ETFs in January. Leading firms like BlackRock, Fidelity, Grayscale, ARK 21Shares are currently some of the issuers.
Additionally, the securities regulator greenlighted spot Ethereum ETFs in May but the new product is yet to go live. The crypto industry is expecting a Solana ETF soon. All these products have helped institutional investors gain exposure to crypto without the risks involved.
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