Thinking Crypto
@thinkingcrypto·193K subscribers·4.2K videos
Fidelity is Plotting a Big Move into Cryptocurrency - Genesis Markets Crypto Broker Goes Live!
Posted
June 8, 2018
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Fidelity, one of the biggest providers of 401(k) services and other retirement products to Americans, is plotting the buildout of products that would push the market for bitcoin to the next level.
The wealth firm, which manages $2.5 trillion in assets, already allows certain clients to view their crypto holdings next to their other accounts in their Fidelity portfolio. And its CEO, Abigail Johnson, is a noted proponent of bitcoin.
But Business Insider has learned Fidelity is looking for talent to build its own digital asset exchange, according to a job posting sent out to employees at the firm.
Specifically, the firm is looking for a DevOps system engineer "to help engineer, create, and deploy a Digital Asset exchange to both a public and private cloud."
Genesis Markets goes live— a crypto broker, that would feel familiar to conventional traders, designed to make all crypto instruments accessible within a single brokerage.
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