Tom Jessop

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    Fidelity Establishes New Digital Asset Business to Support Investors

    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.
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    Fidelity Looking to Expand Digital Asset Trading Beyond Bitcoin 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
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