Fidelity Investment's Head of Institutional Crypto Exits Role

Chris Tyrer, the head of institutional crypto at financial services giant Fidelity investments, has left his position, he announced in a LinkedIn post on Tuesday.

The post does not say what his future plans may be.

Tyrer joined Fidelity’s digital assets team in 2019 with “a mandate to set up and run the international business,” he said. Later, he served as president of Fidelity Digital Asset Management before leading the institutional side.

In November he launched the company’s crypto service, Fidelity Crypto, a commission-free trading product that allowed investors to buy and sell bitcoin and ether on the platform.

Before joining Fidelity, Tyrer was head of the digital assets project at investment bank Barclays.

UPDATE (Jan. 31 17:05 UTC) – Adds that Tyrer's future plans are unknown.