Some of the most prominent players in the digital-assets industry cut their teeth at the same place: Fidelity Investments. A storied mutual-fund powerhouse, Fidelity is a cornerstone of the traditional financial system that the founders of bitcoin and other cryptocurrencies intended to disrupt. Yet the 77-year-old company became a bitcoin pioneer in 2014, launched its crypto business unit four years later, and built a deep talent pipeline for the industry along the way.
“There are a lot of us that have worked on crypto for so long because Fidelity has worked on crypto much longer than any other traditional financial firm,” said Thorn, who set up a Telegram chat group with former colleagues.
https://www.wsj.com/finance/currencies/the-fidelity-mafia-behind-big-crypto-953ad00e