Fidelity Investments' crypto trading desk will allow institutional clients to trade in Bitcoin Core when it first launches, according to Bloomberg.
Fidelity Digital Assets, a new digital currency wing created by the investing giant Fidelity, is now live according to a March 8 announcement.
U.S.-based cryptocurrency exchange LGO Markets targeting institutional investors is planning on making its entrance into the space this month and will begin spot trading in Bitcoin Core (BTC) as of March 11.
Fidelity Investments has set the opening of a custody service for cryptocurrency for March, under subsidiary Fidelity Digital Asset Services, LLC.
The sixteenth installment in a weekly column, A Power of Facing cobbles together the various entry points Wall Street has recently taken up to position themselves within the crypto ecosystem. There’s a pattern forming.
Fidelity Investments revealed that it is setting up a number of crypto options, and that it expects to launch some, or all, by the end of this year.