Bloomberg: Fidelity Will Start Cryptocurrency Trading In A Few Weeks

Bloomberg: Fidelity Will Start Cryptocurrency Trading In A Few Weeks

Corporate Clients Fidelity Investments Coming Soon will be able to buy and sell cryptocurrency through the company’s trading platform like Bloomberg reports.

A source familiar with data question, told reporters that one of the largest financial companies in the world plans to run new service in the coming weeks and will focus on work with institutional investors. Operations with cryptocurrency will be conducted through the Fidelity Digital Assets division opened in October 2018, which first of the year provides storage services for digital assets.

The press service of Fidelity Investments said that them there are interested clients and at present time the company’s offer is focused on bitcoin. Adding that the firm will continue to implement services based on customer needs and others factors.

Last week company published a survey according to which 22% of surveyed institutional investors have already added digital assets to their portfolio and 47% consider them attractive innovative technology.

Bloomberg: Fidelity Will Start Cryptocurrency Trading In A Few Weeks

By words Fidelity Digital Assets chapters Volume Jessup, all more institutional investors acquire cryptocurrency due to growing influence blockchain to financial markets.

Previously, we also reported that according to the deVere Group, 68% of millionaires have already invested in cryptocurrency or intend to make this is in the next three years.

text: Ivan Malichenko, a photo: Shutterstock

Bloomberg: Fidelity Will Start Cryptocurrency Trading In A Few Weeks

Popular news