Fidelity’s Crypto Division Applies for New York Trust License

Fidelity Digital Assets Services has reportedly officially applied to launch a New York trust. According to a fresh report, this could see Fidelity Digital Assets be able to operate a custody business for digital assets in New York. Fidelity Digital Assets seeks New York Trust license First and foremost, Fidelity Digital Assets Services (FDAS) is … Continue reading Fidelity’s Crypto Division Applies for New York Trust License

Bloomberg Report: Fidelity Starts Institutional Bitcoin Trading in Weeks

Fidelity Investments will reportedly begin offering Bitcoin trading to institutional investors "within weeks"

The major US investment firm Fidelity Investments is supposedly looking to support institutional Bitcoin trades within the near future. Moreover, the notion that Fidelity starts institutional Bitcoin trading within a mere matter of weeks comes as the premier cryptocurrency continues to hold at relatively high levels. This will join Fidelity’s existing cryptocurrency custody solution Specifically, … Continue reading Bloomberg Report: Fidelity Starts Institutional Bitcoin Trading in Weeks

Fidelity Digital Assets Undeterred by Bear Market, Institutional Investors ”As Encouraged Now As When Prices Were Higher”

Fidelity Digital Assets Undeterred by Bear Market, Institutional Investors ”As Encouraged Now As When Prices Were Higher”

The financial services giant Fidelity Investments is not letting bearish market sentiment impact its cryptocurrency plans. Rather, a recent report from CNBC details that excitement for cryptocurrency is as high as they have ever been. The slump in prices has not dampened cryptocurrency interest Specifically, CNBC spoke with Tom Jessop, the head of Fidelity Digital … Continue reading Fidelity Digital Assets Undeterred by Bear Market, Institutional Investors ”As Encouraged Now As When Prices Were Higher”

Fidelity: Bitcoin Custody Live, Institutions Coming?

Fidelity Bitcoin Custody Live With Plans to Cover 90% of US Market by Year’s End

Fidelity Digital Assets (FDAS) has announced that its Bitcoin Custody Service is now live, offering its service to “a select group of clients.” Fidelity, the multinational financial services firm, with more than two trillion dollars’ worth of assets under its management announced today that its bitcoin custody service has gone live. It has initially been … Continue reading Fidelity: Bitcoin Custody Live, Institutions Coming?