Press "Enter" to skip to content

Investment Firm Gearing Toward Cryptocurrency Exchange

0
(0)

US investment giant Fidelity Investments is hiring developers to build a cryptocurrency exchange, reports claim June 6 citing internal correspondence.

Fidelity, with its $2.45 trln under management, has allowed clients to hold Bitcoin alongside traditional assets, and is now reportedly circulating job offers related to building a “digital asset exchange.”

Specifically, executives notified employees the firm is looking for a DevOps System Engineer “to help engineer, create and deploy a Digital Asset exchange to both a public and private cloud,” according to Business Insider quoting the circular.

The move makes Fidelity one of an ever-increasing number of financial industry entities looking to increase direct interaction with cryptocurrency.

Last month, global heavyweight Goldman Sachs revealed it had a similar roadmap for clients.

Fidelity meanwhile will in future seek to offer “first-in-class custodian services for Bitcoin and other digital currencies,” according to an additional job offer.

The company’s CEO Abigail Johnson has been an outspoken supporter of Bitcoin for several years, but along with other officials has so far declined to comment on the new initiatives, Business Insider reports.

 

_______________________________________________________________________

HedgeCulture  is the leader in blockchain news and a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. HedgeCulture is an independent operating subsidiary of HedgeCulture Group, which invests in cryptocurrencies and blockchain startups.

How useful was this post?

Click on a star to rate it!

Average rating 0 / 5. Vote count: 0

No votes so far! Be the first to rate this post.

Be First to Comment

Leave a Reply

Your email address will not be published. Required fields are marked *