Fidelity Digital Assets, a subsidiary of investment company Fidelity Investments, will increase its number of employees in the new year.
Fidelity Investments and its subsidiary have released several new announcements regarding cryptocurrencies in recent weeks. One of the most recent announcements was that the company has allowed its corporate clients to transact with Ethereum (ETH) in addition to Bitcoin (BTC) from the end of October. The number of employees of the company, which has expanded its services, is also developing in parallel.
Fidelity Digital Assets Increases Employee Number
Chris Tyrer, president of Fidelity Digital Assets Europe and head of Fidelity Digital Asset Management, said at a panel at the Blockworks Digital Asset Summit in London that Fidelity Digital Assets plans to recruit 100 new staff over the next six months.
It is stated that the number of employees of Fidelity Digital Assets is currently about 500 people. There are two separate businesses, one is platform services that covers everything from custody to trade execution, and the other is the asset management side. With this recruitment, the number of employees of the company will increase to 600.
According to the news published in The Block, all of the new hires will be in Fidelity Digital Assets. The new employees will be located in multiple regions, including technology, business development, customer service, marketing and compliance.
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