{"id":48118,"date":"2022-06-01T12:32:40","date_gmt":"2022-06-01T10:32:40","guid":{"rendered":"https:\/\/crypto-economy.com\/?p=48118"},"modified":"2022-06-01T12:32:40","modified_gmt":"2022-06-01T10:32:40","slug":"fidelity-investments-prepares-to-serve-clients-who-want-to-invest-in-crypto","status":"publish","type":"post","link":"https:\/\/crypto-economy.com\/fidelity-investments-prepares-to-serve-clients-who-want-to-invest-in-crypto\/","title":{"rendered":"Fidelity Investments Prepares to Serve Clients Who Want to Invest in Crypto"},"content":{"rendered":"
Fidelity’s digital assets unit<\/strong>, which is responsible for trading in crypto assets, will hire more staff this year in an effort to better serve its clients, who have expressed interest in investing in crypto assets<\/strong> that are actively traded all the time.<\/span><\/p>\n The new decision sends positive signals to the whole market<\/strong> because more institutional investors may join the trend. It can encourage other investors to become more active.<\/span><\/p>\n In a statement to IBTimes UK<\/strong> on Tuesday, a spokesperson for Fidelity Digital Assets, a firm that currently employs nearly 200 individuals<\/strong>, said that the company wishes to hire 210 new workers for positions within its client service, technology, and operational departments, including positions to handle assets other than bitcoin. New hirings can help the company expand services and products in the crypto sector.<\/span><\/p>\n Tom Jessop, president of Fidelity Digital Assets, <\/span>said<\/span><\/a>:<\/span><\/p>\n “As the demand for digital assets continues to steadily grow and the marketplace evolves, we will continue to expand our hiring efforts<\/em>.”\u00a0<\/span><\/p>\n As part of their $401(k) investment plans<\/strong>, Fidelity Investments, one of the world’s most reliable retirement plan providers, announced earlier this month that individuals would be able to invest a portion of their retirement savings in bitcoins<\/a>. <\/p>\n It helps people have more reliable sources of income<\/strong> in times when traditional markets aren’t acting positively. The overall trend can help the crypto market have green days, too.<\/span><\/p>\n In addition to the announcement of the hire, the price of cryptocurrencies had suffered a major drop following the collapse of the stablecoin, TerraUSD<\/strong>, just weeks before.\u00a0<\/span><\/p>\nPositive Signals<\/span><\/h2>\n
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