Fidelity Digital Assets UK revenue to fall nearly 60% in 2023

Fidelity Digital Assets, a subsidiary of Fidelity, saw a nearly 60% decrease in revenue for its UK business in 2023, with the entire business's losses expanding to over 7 million pounds. According to the accounts submitted to Companies House, the department's revenue for the 12 months ending in December 2023 was 545,000 pounds, lower than the previous year's 1.34 million pounds.