Fidelity Hires Barclays’ Previous Head of Electronic Property

    Financial providers giant Fidelity Investments has employed a previous head of electronic belongings challenge at financial investment lender Barclays.

    The new seek the services of, Chris Tyrer, joined Fidelity at the conclude of April, according to his LinkedIn profile update. The profile, nonetheless, does not mention any more aspects on the job, except the mention of “Digital Property.”

    Tyrer labored as the head and taking care of director of electronic belongings challenge at Barclays for about eight months and remaining the business in August 2018. Prior to that, he was the head of commodity trading at the lender concerning 2015-2017.

    This is not Tyrer’s 1st time at Barclays. He 1st joined the lender back again in 2001 and labored there right up until 2011 as the director and worldwide head of crude oil trading. Later on, for about 3 years, he also labored at commodity trading firm Mercuria Electricity Group as a senior crude oil trader, just before returning to Barclays in 2015, according to the profile.

    In his most current job at Barclays, Tyrer reportedly labored on checking out the cryptocurrency space.

    Barclays prepared to launch a cryptocurrency trading desk very last calendar year, but afterwards the bank’s CEO pushed back again stating that there are no rapid ideas to open up the desk.

    Just very last thirty day period, Fidelity also employed Coinbase’s director of institutional revenue, Christine Sandler.

    Fidelity, having about $7 trillion belongings below management, released its cryptocurrency trading and custody system very last thirty day period.

    Fidelity impression by way of Shutterstock