Reports have it that asset management firm Fidelity Investments is looking at hiring another 100 people to boost its growing digital assets arm.
According to Bloomberg, Fidelity has begun a new round of hiring which will bring its Digital Asset’s headcount to around 500 by the end of the first quarter of 2023.
The positions Fidelity wants to cover include blockchain technology, business analysis, customer service, finance and accounting, product development, and corporate services including compliance.
Bloomberg reports that the new roles would be situated throughout the U.S., U.K. and Ireland.
Fidelity’s hiring spree contradicts that of the larger crypto space with BlockFi, Coinbase, Gemini and Crypto.com among some of the largest crypto-native firms to lay off a spree of employees.
Similarly, Cointelegraph reports that Fidelity will be offering ETH custody and trading services to its institutional clients from Oct. 28, 2022.
The firm has already launched a service that enables its 401(k) retirement saving account holders to invest directly into Bitcoin (BTC).
