Crytocurrency

Fidelity will hire 100 new people to add another 25% to the size of its crypto unit.

Fidelity Investments, which manages $4.5 trillion in assets, is rumoured to be hiring another 100 people to help its growing digital assets division. This is a big change from the recent trend of crypto-talent being pushed out of the industry.

A Fidelity representative told Bloomberg on Oct. 22 that the company has started a new round of hiring that will bring the number of employees at Fidelity Digital Assets to around 500 by the end of the first quarter of 2023.

Related: Sources: Sabadell is in negotiations for a payment agreement with Worldline, Nexi, and Fiserv.

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