Investment Giant Fidelity is Looking for Talent to Build its Own Crypto Exchange
Fidelity Investments, a major financial institution with around $2.5 trillion in managed assets, is looking for talent to build its own 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.
It’s not clear whether the cryptocurrency exchange would be made available on the main Fidelity platform or whether it would exist as a separate entity under the company’s umbrella. Nor is it clear when the venue would launch.
This would not be the first crypto-related effort by Fidelity. In August 2017, it announced a partnership with Coinbase, which would allow users to view their digital asset holdings alongside their other accounts in their Fidelity Portfolio. The firm’s CEO, Abigail Johnson, is also a major supporter of bitcoin and blockchain technology.
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