Cryptocurrency News
Big news in the finance world! Fidelity Investments, the financial powerhouse, is diving into the Ethereum Exchange-Traded Fund (ETF) competition by filing a 19b-4 with the Chicago Board Options Exchange (CBOE). And guess what? They’re not alone—BlackRock, another heavy hitter, threw their hat in the ring just a day before. […]
Many crypto enthusiasts hope to see financial institutions embrace this new form of money sooner or later. It now appears Fidelity Investments has done so, at least where its employees are concerned. It is rather uncommon for a financial service provider to openly embrace the concept of cryptocurrencies. A Bold […]
22 percent of institutional investors already have exposure to digital assets. This is according to a new report by Fidelity Investments, one of the largest asset managers in the world. The report goes against many crypto skeptics who have been quick to state that institutions are no longer interested in […]
The race for the cryptocurrency custodial king is quickly heating up. Just days after Fidelity Investments announced that it would offer crypto security and storage services, BitGo has announced the closing of its Series B funding round. The startup offers crypto custody solutions through its BitGo Trust subsidiary. The $58.5 […]
Fidelity Investment has announced that it’s launching a cryptocurrency storage and trading platform. Dubbed Fidelity Digital Assets LLC, the new platform will cater mainly to institutional investors, offering custody solutions for digital assets, institutional advisory services and a crypto trading platform for its clients. Fidelity made the announcement today, October […]