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Fidelity Investments hires Blockchain specialists for digital assets' department

Redwan Eid | May. 16, 2019
Fidelity Investments hires Blockchain specialists for digital assets' department

16 May, 2019 | AtoZ Markets -American investment management company Fidelity Investments has opened 9 vacancies for blockchain and cryptocurrency jobs.

In a recent job opening the company listed on its website, Fidelity was looking for Vice President of Solutions Architecture (blockchain, cryptocurrency), and a Blockchain Software Engineer among other related titles.

Other majors included analytics and data engineering to blockchain solutions architecture, and blockchain solutions engineering.

The company was able to attract experiences from prominent commercial names.

Chris Tyrer, former executive of British investment bank Barclays, joined Fidelity’s team, in addition to Christine Sandler, the former Coinbase executive and head of Sales and marketing, who was appointed as the firm’s head of Sales and Marketing.

Last march, the company rolled out a select group of clients, stating: “we are live with a select group of eligible clients and will continue rolling out slowly.”

Fidelity has just started its Bitcoin (BTC) trading for institutional investors

At the beginning of this month, the U.S. $7 trillion investment firm announced its readiness to introduce Bitcoin (BTC) trading for institutional investors within a few weeks.

"We currently have a select set of clients we’re supporting on our platform. We will continue to roll out our services over the coming weeks and months based on our clients’ needs, jurisdictions, and other factors. Currently, our service offering is focused on Bitcoin.”, as per Fidelity at the time.

Fidelity had conducted a survey, questioning 441 institutional investors from November to February, and the results showed that 72% of them prefer to buy investment products with a value of digital assets, 57 of the whole participants already had cryptocurrencies.

“More institutional investors are engaging with digital assets, either directly or through service providers, as the potential impact of blockchain technology on financial markets — new and old — becomes more readily apparent.”, said Fidelity Digital Assets’ president Tom Jessop in a press release.

AtoZ Markets reported last October that Fidelity opened launched a new cryptocurrency platform for institutional investors, with 13,000 clients already on board.

Chairman and CEO of the company Abigail Johnson stated stated at the time: “We expect to continue investing and experimenting, over the long-term, with ways to make this emerging asset class easier for our clients to understand and use”, stressing that the company aims “to make digitally native assets, such as Bitcoin, more accessible to investors”

Disclaimer: The views and opinions expressed in this article are solely those of the author and do not reflect the official policy or position of AtoZ Markets.com, nor should they be attributed to AtoZMarkets.