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12.08 - 12:41
Fidelity digital asset revenue surges 1,800% but unit fails to turn a profit as staff costs triple
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fnlondon.comRevenue 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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