Fidelity Investments

Fidelity Investments®, a financial services firm, announced that it is establishing a new entity to serve European institutions investing in digital assets. Fidelity Digital Assets, Ltd. will offer access to enterprise-quality custody and trade execution services for digital assets to investors such as hedge funds, family offices and market intermediaries. This business builds upon the company’s 2018 launch of Fidelity Digital Asset Services, LLC (“Fidelity Digital Assets℠”), a New York state-chartered limited liability trust company that already provides these services to U.S.-based institutional investors.

Elementus, a startup focused on spotting illicit transactions made with cryptocurrency, announced that it has raised $3.5 million, partly from a fund linked to Fidelity Investments.The round was led by Morgan Creek Digital, a venture fund focused on bl

New cryptocurrency exchange ErisX said Tuesday it raised a total of $27.5 million from investors including Fidelity Investments and Nasdaq Ventures.ErisX says it will offer investors the ability to trade the cryptocurrencies bitcoin, litecoin and ether

Fidelity Investments is looking to expand its institutional crypto asset platform to include trading services for the top five to seven cryptocurrencies by market capitalization.Last month, the buy-side giant announced it would be launching a separate