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Fidelity digital asset revenue surges 1,800% but unit fails to turn a profit as staff costs triple

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fnlondon.com

Revenue spiked at Fidelity's fledgling digital assets business in the UK last year, as more institutional investors flocked towards trading and holding crypto.But despite a 1,804% jump in turnover, losses in the unit widened to £3.4m as staff costs also swelled.Accounts filed with Companies House in the UK show Fidelity Digital Assets generated...

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