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Tag Archives: Fidelity Investments

Fidelity Suggests Institutional Investors Are Very Active in Crypto

One of the big worries surrounding the growth of the crypto space is that there is allegedly a lack of institutional investors, but according to the latest data from Fidelity Investments, this may not necessarily be the case.Fidelity: Most Institutional Investors Own Digital CurrencyAccording to the financial firm, roughly 36 percent of institutional players own crypto investments, and most of them own bitcoin, which remains the most popular digital currency. It is widely stated by...

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Fidelity Digital Assets to Offer Custodial Solutions to Nickel Digital Asset Management

Fidelity Digital Assets, the cryptocurrency arm of financial giant Fidelity Investments, is making a foray in the European market. As per the latest development, Fidelity will offer custodial solutions for Bitcoin to European-based Nickel Digital Asset Management.Currently, Nickel Asset Management has launched its another cryptocurrency offering. This is the Nickel Digital Gold Institutional Fund allowing institutional players to leverage opportunities in the crypto space.Just last month,...

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CME Group Is Launching Its Bitcoin Options amid High Anticipation in the Market

It seems that traditional institutions are finally realizing that no-can-do without cryptocurrencies anymore. If we look at the market movements, there is huge impatience for the launch of CME Group Inc. options that should happen today.It is interesting because it is not the first of a kind. Bakkt that is under New York Stock Exchange parent Intercontinental Exchange Inc. began with the work in December last year. Moreover, as we have recently reported, yesterday FTX crypto derivatives...

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Fidelity Predicts ‘behind the Scenes’ Future for Custodians

During a Hedge Fund Association Conference in New York, Christine Sandler from Fidelity Investments said that a good custodian must have geographic diversity and knowledgeable staff. She noted:“To do it really well, you have to have geographic diversity, a staff that understands the underlying technology,”That means that people who can sign the multi-signature transactions across the globe, and knowledgeable of the blockchain trends. She thinks that the custodian wallet providers like...

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Fidelity Digital Assets Plans to Offer Ethereum Support in 2020

Fidelity Digital Assets, the digital currency arm of financial giant Fidelity Investments, plans to add support for Ether token next year in 2020. Tom Jessop, the president of Fidelity Digital Assets, made the announcement during an interview with The Block last Saturday, December 13.Jessop added that the final decision of Fidelity Digital Assets depends only upon evaluating the market demand for ETH support. Launched earlier this year, Fidelity Digital Assets specializes in offering...

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Fidelity Investments Has Gotten Its Own BitLicense

The dreaded BitLicense is widely regarded as one of the most notorious and controversial pieces of crypto legislation ever administered, which is why whenever a company gets one, it’s kind of a big deal.The BitLicense Isn’t Hated By AllAmong the recent companies to get their hands on a BitLicense is Fidelity Investments, which opened its crypto assets trading division not too long ago. The license will allow the company to operate in the Big Apple and provide all its crypto and blockchain...

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Charles Schwab Eliminates Commissions for Stock and ETF Trading

California based bank and stock brokerage firm Charles Schwab said that it is finally ending its battle in the brokerage sector. They decided they are ending commissions for online trading in U.S. stocks, exchange-traded funds, and options.Just for a reminder, in the February of this year, together with Fidelity Investments, Charles Schwab completely cut its commissions it had been charging on hundreds of their exchange-traded funds. The ongoing war was all about exciting the investors since...

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Elementus Garners Nearly $4 Million From Crypto-Friendly Fidelity

Elementus, which seeks to locate illicit transactions involving digital currency, has garnered nearly $4 million in funds from Fidelity Investments, a company that has become rather friendly with crypto over the past year. Elementus Is Getting the Money It NeedsThe funding round was led by Morgan Creek Digital and saw several other institutions pledging their dollars and cents towards the company including Avon Ventures and Devonshire Investors. In addition, Stage 1 Ventures and Robot...

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