$4.5 trillion asset manager Fidelity Investments is set to continue scooping up crypto talent, with 100 new hires by the first quarter of 2023.
$4.5 trillion asset management firm Fidelity Investments is reportedly set to hire another 100 people to bolster the firm's growing digital assets division — a stark contrast to the recent squeezing out of crypto-talent.Bloomberg on Oct. 22 that the firm has begun a new round of hiring which will bring the Fidelity Digital Asset’s headcount to around 500 by the end of the first quarter of 2023.
Almost all of the current listings are based in the United States — with the majority coming from its Boston headquarters, New York, Texas Colorado and Utah. The spokesperson told Bloomberg that the new roles would be situated throughout the U.S., U.K. and Ireland.largest crypto-native firms to lay off a spree of employees,The large layoffs appear to have opened a fresh supply of crypto talent for traditional firms like Fidelity to take on board.