Boston-based Fidelity’s crypto branch increases staffing.
Fidelity’s moves towards the crypto industry continue. The company does not seem to be affected, despite the problems the industry is experiencing.
Fidelity Digital Asset Services LLC continues to recruit staff with blockchain experience. President Tom Jessop said the company plans to hire 110 engineers and developers to build digital infrastructure to support crypto infrastructure, in addition to hiring 100 customer service specialists.
Jessop said the following regarding the sector:
“We try not to focus on the declines and focus on some long-term indicators. We’re trying to build infrastructure for the future because we measure success over years and decades, not weeks and months”
Fidelity entered the crypto industry in 2018 and has only served Bitcoin ever since.
