PANews reported on March 5 that CoinDesk quoted people familiar with the matter as saying that Chicago trading giant Jump is fully resuming its US crypto business. After shrinking due to regulatory uncertainty in the past two years, it is now accelerating its trading layout and expanding recruitment.

Although Jump continues to trade and make markets in cryptocurrencies around the world, the recovery in trading volumes in the U.S. market has prompted Jump to return to the market. The company plans to hire crypto engineers and add policy and government affairs positions to adapt to the new regulatory environment.

Previously, Jump was under regulatory scrutiny due to the Terra Luna and FTX crashes, and had laid off nearly half of its employees and split the Wormhole project. In the future, Jump may enter the US crypto ETF market, paying particular attention to the Solana (SOL) ecosystem. The market expects that the Solana ETF may be approved.