Fidelity’s crypto unit to expand hiring this year

Fidelity Investments’ digital assets arm will expand hiring this year.

Fidelity’s Cryptocurrencies unit is looking beef up its resources to serve clients who want to invest in crypto assets that trade round the clock.

The unit currently employs nearly 200 people and is looking to fill 110 new positions in client services, technology and operations that would also focus on assets beyond bitcoin.

Last month, Fidelity Investments became the first major retirement plan provider to allow individuals to allocate part of their savings in bitcoin through their 401(k) investment plans.

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