Tagged: fidelity digital assets

Bitcoin (BTC) Investments: Institutional Investors Still Not Sure whether Cryptocurrencies are Independent Asset Class, PwC’s Henri Arslanian Reports

Henri Arslanian, the Global Crypto Leader at PricewaterhouseCoopers (PwC), notes that many analysts have been attempting to predict the Bitcoin (BTC) price. This, after we’ve seen record leves of quantitative easing from reserve banks across the world, increased retail adoption of digital currencies and platforms,… Read More

Over Twice As Many Institutions Invested in Bitcoin (BTC) and other Cryptocurrency Derivatives Compared to 2019: Report

Almost 80% of institutional investors say that digital assets could be a worthwhile investment, according to a survey of 800 US and European financial institutions conducted by trillion-dollar asset manager Fidelity. Fidelity’s survey revealed that more than a third of these institutions have already invested… Read More

Fidelity Digital Assets Expands Cryptocurrency Trading Platform Due to New Client Requests Following COVID-19 Outbreak

Fidelity Digital Assets, the cryptocurrency division of Fidelity, a multi-trillion dollar asset manager, is reportedly planning to expand its range of products and services. The firm’s decision to introduce new services has come at a time when it has been experiencing  a significant increase in… Read More

Fidelity Center for Applied Technology Is Looking for a Bitcoin Mining Engineer for a “New Business Opportunity”

The Fidelity Center for Applied Technology (FCAT), which is a part of Fidelity Labs, the financial giant’s incubator for Fintech startups, is reportedly looking for Bitcoin (BTC) mining engineers for a “new business opportunity.”  The proposal has been put forward by the team working at… Read More

Fidelity Digital Assets to Offer Custody Services for Bitcoin Held by UK’s Nickel Digital Asset Management

Fidelity Digital Assets, the crypto investment arm of Fidelity Investments, a Boston, Massachusetts-based multinational financial services corporation with over $2.4 trillion of assets under management, is planning to offer custody services for Bitcoin (BTC) held by UK-based cryptocurrency investment company Nickel Digital Asset Management. Established… Read More

Fidelity Digital Asset Services Is “Engaged in a Full Rollout” of its Custody and Trading Services

Fidelity Digital Asset Services (FDAS) is “now engaged in a full rollout” of custody and trading services for crypto assets. Boston, Massachusetts-based Fidelity Investments, a multinational financial services firm with over $2.8 trillion in assets under management, is expanding its crypto platform from the limited… Read More

Fidelity Digital Assets to Serve As Custodian for New Bitcoin Derivatives-based Yield Fund

Los Angeles-based Wave Financial has introduced a cryptocurrency derivatives-based yield fund, called the Wave Bitcoin (BTC) Income and Growth Digital Fund. The fund will issue tokens based on cryptographic technologies that are similar to those used for issuing and transferring blockchain-based currencies, according to a… Read More

Fidelity: 22% of Institutional Investors Own Digital Assets, More are Interested

Fidelity, the mega mutual fund company that is entering the crypto sector, shared a survey last week quantifying institutional participation in digital assets. In a release, Fidelity said that 22% of institutional investors have exposure to digital assets with 40% expressing interest in the coming… Read More

Crypto Industry Responds to Old School Finance Getting into Crypto as Fidelity Launches Fidelity Digital Assets

Fidelity, a nearly seventy year old financial firm with $7.2 trillion in assets under management, announced its entry into blockchain based finance today with the launch of Fidelity Digital Assets. The vision is to offer institutional quality trading in crypto while providing a superior level … Read More

Fidelity to Offer Enterprise Level Trading & Custody for Crypto in New Business: Fidelity Digital Assets Service

Fidelity Investments, perhaps best known for its ubiquitous mutual funds, is getting into crypto. Fidelity believes that distributed ledger technologies, aka blockchain, can enable entirely new business models, lead to the creation of frictionless capital markets and improve existing financial market infrastructure. Fidelity can envision… Read More

Send this to a friend