Today, Ms. Johnson’s 75-year-old company has placed more bets than nearly any other big Wall Street firm on the future of cryptocurrencies and doubled down on other areas powered by individual investors—and the plan appears to be working.
| less than a minute read
Fidelity, once stodgy and adrift, bets on the Reddit crowd
“Most of it was going to happen anyway,” Ms. Johnson said in an interview at Fidelity’s downtown Boston headquarters. “But what changed was people’s sense of how important it was.”
