According to DL News citing insiders, asset management giant Fidelity Investments may over-recruit its digital asset department by more than 100 new employees from 2022 to the first quarter of 2023, which will make the department’s employees more than 100. 500 people. Foresight News previously reported that on March 27, Fidelity was building its cryptocurrency research team and hiring a head of its cryptocurrency and token research and development team. The principal will join Fidelity's quantitative research and investment technology teams. The cryptocurrency research team will study the data and technical frameworks used to evaluate tokens, as well as the associated blockchain protocols.