Share this article
Fidelity Digital Assets’ Research Director Leaves to Join Castle Island Ventures
Before Fidelity, Mrinalini Bhutoria served as senior research analyst at Circle and spent three years at Credit Suisse.
Updated Sep 14, 2021, 12:48 p.m. Published Apr 30, 2021, 10:25 a.m.
Fidelity Digital Assets’ director of research, Mrinalini “Ria” Bhutoria, has left the company to join early-stage crypto fund Castle Island Ventures as a principal.
STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters
- Bhutoria announced her new role on Twitter on April 28.
- Prior to joining Fidelity in October 2019, Bhutoria served as a senior research analyst at payments company Circle after spending three years at Credit Suisse as an equity research analyst, covering financial technology companies such as PayPal and Stripe.
- Castle Island Ventures, led by Nic Carter and Matt Walsh, will no doubt be looking to reap the benefit of Bhutoria’s experience at Fidelity in bridging blockchain and crypto with institutional finance.
- Castle Island announced in February that it raised $50 million from investors, including high-net-worth individuals and family offices, for its second fund.
- The first fund raised $30 million in June 2018 and invested in 20 startups, including BlockFi and River Financial.
See also: Fidelity Now Extends Bitcoin-Backed Loans Through Silvergate
More For You
What to know:
- As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
- GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
- Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.
More For You
Bitcoin Faces Japan Rate Hike: Debunking The Yen Carry Trade Unwind Alarms, Real Risk Elsewhere
Speculators maintain net bullish positions in the yen, limiting scope for sudden JPY strength and mass carry unwind.
What to know:
- Impending BOJ rate hike largely priced in; Japanese bond yields near multi-decade highs.
- Speculators maintain net bullish positions in the yen, limiting scope for sudden yen strength.
- BOJ tightening may contribute to sustained upward pressure on global yields, impacting risk sentiment.
Top Stories
