Fidelity Investments CEO Reaffirms Crypto Commitment

Fidelity Investments CEO Abby Johnson reaffirms crypto commitment at Consensus 2022. “I figure this is my third crypto winter. There’s been plenty of ups and downs but I see that as an opportunity,” Johnson said of the bear market. “I was raised to be a contrarian thinker and so I have this knee jerk reaction: If you believe that the fundamentals of a long term case are really strong, when everybody else is dipping (out), that’s the time to double down and go extra hard into it.” To be clear, though, Johnson did not sound sanguine about the recent sharp correction. She felt awful about the value that is lost, but she also believe the industry in crypto has a lot more to come.