Fidelity location in Sunnyvale, California (Photo: Shutterstock)
Fidelity Investments is looking to hire technical staff for work on the expansion of its Digital Assets platform, which it rolled out in 2018.
"Since we launched, the digital assets market has grown exponentially," wrote Peter Farland, chief technology officer of Fidelity Digital Assets, in a blog on its website about the hiring plans.
"More institutions are adopting digital assets as part of their portfolios and their needs are becoming increasingly diverse and sophisticated," Farland said.
The news comes three weeks after Fidelity Investments said it is seeking to fill some 4,000 new client-facing positions across the U.S. over the next six months, including financial advisors, due to "unprecedented customer growth and engagement" in its business.
Farland said that over the next few months his division plans to hire "more than 20 engineers across the full spectrum of our technology stack to capitalize on increased market demand and to expand our overall capabilities."
