Modulus is beginning its recruitment drive in order to support global expansion efforts amidst the rise of digital asset sector.
Modulus, a US-based developer of technology powering Wall Street, international banks, digital asset exchanges, and global regulatory commissions, revealed its plans for worldwide expansion.
The decision comes as a series of events in the digital asset space “propel the industry further toward an era of transformational change.”
Richard Gardner, CEO of Modulus, said:
“From Silicon Valley to Wall Street, and from regulators to innovators, everyone is sensing the seismic shifts that are about to occur in the digital asset space – even while trading volumes are at an all-time low. We’re standing on the brink of a financial epoch, and Modulus is here to lead once again.”
Gardner further adds:
“In a climate where regulators have taken an increasingly combative stance against the digital assets industry, companies such as X (Twitter), Coinbase, Grayscale, Modulus and others — are not just weathering the storm. We’re looking at the big picture, setting the stage for what we believe will be a sweeping digital assets revolution.”
Gardner pointed out several recent events:
- X (Twitter) is now licensed for Bitcoin and crypto operations, hinting at Elon Musk’s new ambitions that may challenge PayPal.
- The first Bitcoin ETF is on the horizon, thanks to the U.S. Court of Appeals ruling in favor of Grayscale against the SEC.
- Coinbase secures a futures trading license from the National Futures Association.
- PayPal launched a dollar-backed stablecoin, which will be monetized in multiple ways.
- Indian Prime Minister Modi has advocated for a global cryptocurrency framework at the G20 Summit.
- The Bitcoin halving event slated for April 2024 may be the catalyst for a possible Bitcoin surge to the mythic $100K level.
In anticipation of this wave, Modulus is planning “to open additional global command centers in financial hotspots including Switzerland, Dubai, Turkey, Malaysia, Singapore, and the UK.”
“These are not just satellite offices; they are the fortresses from which we’ll spearhead an industry-wide metamorphosis that is beginning now and will last more than a decade.”
Ready to mobilize a global army of sales representatives and support technicians, Modulus announced plans “to hire over 100 sales reps in addition to 200 technologists from around the world.”
Since its founding in 1997, Modulus claims that it has “been the go-to for industry heavyweights like Microsoft, Dell, NASA, JP Morgan Chase, Bank of America, and Nasdaq, as well as digital asset leaders like FTX and Celsius.”
With a portfolio that “includes fintech products such as digital asset exchanges, commodities, equities, and forex trading platforms, to innovative systems for crowdfunding, fund management, neo banking, and AI solutions,” Modulus’ services are quite diverse.