Fidelity Investments is seeking technical staff to build its own digital asset exchange and to offer crypto custody services, according to Business Insider (BI), citing internal job ads. The company has been looking for a new CEO since the departure of founder Jack Bogle in May after he was accused by his former employees at Goldman Sachs of sexual harassment. The entrant of a player like Fidelity into the space could lure retail investors weary of trading on existing platforms. The New York Stock Exchange and Goldman Sachs are also said to be considering moves into crypto trading, which would put them up against players like Robinhood, Coinbase, Kraken and Bitfinex.
Fidelity Investments is seeking technical staff to build its own digital asset exchange and to offer crypto custody services, according to Business Insider (BI), citing internal job ads. The company has been looking for a new CEO since the departure of founder Jack Bogle in May after he was accused by his former employees at Goldman Sachs of sexual harassment. The New York Stock Exchange and Goldman Sachs are also said to be considering moves into crypto trading, which would put them up against players like Robinhood, Coinbase, Kraken and Bitfinex.