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Report: Fidelity Investments hiring for cryptocurrency initiatives

Fidelity Investments, a U.S. investment giant managing about $2.5 trillion in assets, is hiring to build a cryptocurrency exchange, Business Insider reported June 6, citing internal job postings examined by the publication.

The company is seeking a DevOps system engineer to design and create the exchange for both public and private clouds.

The company has been planning the initiative for the past 12 months, according to the news outlet, which cited anonymous sources with knowledge regarding the matter.

Fidelity is also hiring workers to set up custody solutions for bitcoin or other digital currencies.