Share this article
Fidelity Digital Assets Is Hiring More Crypto Engineers
Fidelity said it wants to improve bitcoin custody and executive services and build products to "support the ecosystem."
By Danny Nelson
Updated Sep 14, 2021, 10:27 a.m. Published Nov 5, 2020, 8:03 p.m.
Make us preferred on GoogleFidelity Digital Assets is hiring over 20 engineers in a new push to expand the investing giant's footprint in the cryptocurrency space.
STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters
- Exactly what the new hires will be building was unclear in Fidelity's Wednesday announcement.
- The post mentioned Fidelity is "improving upon our existing bitcoin custody and execution services" and building new products to "support the ecosystem."
- Two Digital Asset positions were added to Fidelity's job board Thursday: a principal data engineer and a senior engineering manager. Eight other digital assets posts were listed on the job board as of press time.
- Hiring will occur over the next several months, Fidelity said.
Read more: Fidelity Report Says Bitcoin’s Market Cap Is ‘Drop in the Bucket’ of Potential
More For You
Pudgy Penguins is building a multi-vertical consumer IP platform — combining phygital products, games, NFTs and PENGU to monetize culture at scale.
What to know:
Pudgy Penguins is emerging as one of the strongest NFT-native brands of this cycle, shifting from speculative “digital luxury goods” into a multi-vertical consumer IP platform. Its strategy is to acquire users through mainstream channels first; toys, retail partnerships and viral media, then onboard them into Web3 through games, NFTs and the PENGU token.
The ecosystem now spans phygital products (> $13M retail sales and >1M units sold), games and experiences (Pudgy Party surpassed 500k downloads in two weeks), and a widely distributed token (airdropped to 6M+ wallets). While the market is currently pricing Pudgy at a premium relative to traditional IP peers, sustained success depends on execution across retail expansion, gaming adoption and deeper token utility.
More For You
Bitcoin, ether extend declines as leverage unwind accelerates: Crypto Markets Today
Crypto markets fell further overnight as bitcoin and ether extended losses, metals tumbled and liquidation pressure hit leveraged traders across derivatives markets.
What to know:
- Bitcoin and ether extended declines as the crypto market compounded Thursday's selloff.
- Silver and gold also fell, adding to broader market weakness alongside a firmer dollar.
- Crypto liquidations hit $1.8 billion, while bitcoin dominance slipped as traders rotated into riskier altcoins.
Top Stories
