Coinbase, one of the world’s leading crypto exchanges, has announced its plans to hire 2,000 employees this year to help lead the future of Web3.

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According to a blog post from Coinbase, the new employees will be working for the company’s product, engineering, and design teams. With the recent explosion of Web3, Coinbase plans to take advantage of all new opportunities.

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“We see enormous product opportunities ahead for the future of the Web3. We believe our industry is in its infancy and that building onramps for individuals to participate is critical to driving the next generation use of crypto,” wrote Chief People Officer L.J. Brock.

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Additionally, Coinbase revealed the new employees will help expand its product line to include products that host user-generated content, such as NFTs, as well as enhance the security, ease of use, and accessibility for the Coinbase Wallet.

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