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Fidelity Digital Assets to Increase Its Workforce Load Following Increased Crypto Demand

Fidelity Digital Assets is looking to expand its workforce after increased demand across its crypto services from institutional customers. It seems that the staff numbers could increase by 70% as the company wants to hire around 100 workers for operations in Boston, Salt Lake City, and Dublin.

The President of Fidelity Digital Assets, Tom Jessop, declared: “[Last year] was a real breakthrough year for the space, given the interest in Bitcoin that accelerated when the pandemic started. We’ve seen more interest in Ether, so we want to be ahead of that demand.”

The company has been on a roll of hiring new people since 2020, despite the COVID-19 pandemic. In November 2020, Fidelity Digital Assets hired over 20 engineers in order to work on its crypto trading and custody services.

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