Institutions like Fidelity believe in the cryptocurrency market in the long-term as they plan on hiring 110 new workers in 2022
The expansion plans are following the news about Fidelity's plan to put retirement savers' funds to Bitcoin later this year, which would make it the first major retirement-plan provider to do so.The Fidelity Digital Asset was founded far before the 2021 bullrun. The subsidiary builds infrastructure for supporting custody and trading services for Ethereum. The platform was developed for storing and trading large volumes of Bitcoin or any other digital assets.
Reportedly, the platform's data and apps will be located in the cloud to make transaction processing significantly faster and open 24-hour trading support. With a growing number of users, Fidelity aims to provide an
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