Fidelity Investments is searching for a crypto and token research development lead to join its quantitative research and investments technology team.
The move may be a sign that the financial giant is looking to expand its crypto investment offerings beyond Bitcoin (BTC) and Ethereum (ETH).
According to the firm, the new hire will lead a small team of quantitative developers to evaluate tokens and blockchain protocols underpinning the crypto and decentralized finance (DeFi) economy.
“You partner with other Fidelity business and technology leaders to identify and define strategic priorities based on an understanding of business value needs and enable execution of these initiatives.
You actively bring new ideas, approaches, and insights to improve the contributions of your team and enable them to develop new skills and capabilities.”
This month, Fidelity Investments expanded its crypto offerings and for the first time began offering all of its retail traders the ability to invest in Bitcoin and Ethereum.
In December, the $4.5 trillion asset manager filed a trademark application revealing plans to offer financial services including investment management and financial planning in the metaverse and other virtual worlds.
The firm also plans to launch an online marketplace for non-fungible tokens (NFTs).
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Source: https://dailyhodl.com/2023/03/30/4500000000000-asset-manager-fidelity-hiring-for-crypto-token-research-position/