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Fidelity Digital Assets UK revenue to decline by nearly 60% in 2023

Fidelity's Fidelity Digital Assets UK business saw revenue fall by almost 60% in 2023, widening losses across the business to more than £7 million. According to accounts filed with CompaniesHouse, the division earned £545,000 in the 12 months to the end of December 2023, down from £1.34 million the previous year.