Fidelity, Managing $11.3 Trillion Asset Announces, Will Offer Custody and Trading Services for Ethereum

Fidelity Investmens, which has approximately $11.3 trillion in assets under its management, announced that it will provide custody and trading services for Ethereum and will double the number of staff dealing with crypto.

According to the news of the Wall Street Journal on May 31, Fidelity is for Ethereum. storage and purchase and sale He said he would provide the service. Also, this service will continue 24/7 indicating company, platform as the enterprise grows announced that they aim to provide a level of security.

Currently about 200 employees Fidelity Digital Asset, a subsidiary of Fidelity, has a staff of engineers and developers who are experts in blockchain to create the digital infrastructure. 110 personnel, for customer service 100 new staff recruitment announced that it will.

Tom Jessop, Head of Fidelity Digital Assets, said in a statement on the subject:

As the demand for digital assets continues to increase and the market grows, we will continue to increase our hiring.

said.

Fidelity announced on April 26 that crypto fundraiser announced its infrastructure. With this statement, customers They will be able to invest in their 401k retirement plans with bitcoin. This service mid this year scheduled to start.

The asset managed by Fidelity Investments 4.5 billion dollar part are said to be digital assets.

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