Fidelity Investments, which manages assets worth $2.5 trillion, published an announcement about the search for developers to create a crypto exchange.

Currently, the company is looking for suitable personnel, including the system engineer DevOps for the design, creation and deployment of a platform for the exchange of digital assets. Judging by another announcement, the company is also working on solutions for storing cryptocurrency.

According to the representatives of the company, the successful launch of these products will allow Fidelity to compete with the well-known players of the market, such as Coinbase (which has been cooperating since last summer), Kraken, Bitfinex, and broker company Robinhood, which has a trading application with an audience of 1 million users. It can also accelerate the integration of growing cryptology with the traditional financial one.

“Reputation Fidelity as a company with the best offers for retail customers should help legalize this asset class,” said expert Dave Vaisberger.

Representative Fidelity declined to comment on the company’s plans for the crypto-currency market. At the same time, thanks to a partnership with Coinbase, the company’s customers already have the opportunity to view information about assets in the crypt portfolios, while the general director of Fidelity Abigail Johnson is a well-known supporter of bitcoin.

As previously reported, the amount of donations to the charity fund managed by Fidelity Investments in 2017 reached $22 million in bitcoins.


Latest News

Analyst: The Price Of Bitcoin (BTC) Will Not Fall Below $6000

The head of Blue Line Futures, Bill Baruch, during an interview with CNBC expressed confidence that the price of the first crypto currency had...

Eduard Shenderovich: Blocking Gives Users Access To Clear Information

The disorder of information on the modern real estate market does not allow to accelerate business in this area. However, qualitative changes can be...