Fidelity launching bitcoin trading “within a few weeks”

Fidelity launching bitcoin trading “within a few weeks”
фото показано с : cryptoslate.com

2019-5-7 20:59

Fidelity Investments, the fifth-largest asset manager with $2.5 trillion in assets under management, will offer bitcoin trading for institutional clients “within a few weeks,” according to Bloomberg.

In early March, the division announced that their trading services are live with select clients. Now, A full launch of institutional trading and custodial services is expected “within a few weeks,” stated Bloomberg.

Related: Fidelity: Institutional investment in cryptocurrency likely to grow

According to Fidelity, a number of institutions reached out to the financial services giant looking for a trusted platform for engaging with bitcoin and other digital assets. The firm responded by creating Fidelity Digital Assets, a subsidiary spun up in October of 2018 out of the firm’s blockchain incubator.

Fidelity has so far invested “tens of thousands of hours and millions of dollars in development, product and systems design, and rigorous security controls,” to build an institutional-grade exchange and custodial solution. The firm intends to disrupt the “obfuscated nature of trading digital assets today.”

Fidelity spokeswoman Arlene Roberts, in an email with Bloomberg, wrote:

“We currently have a select set of clients we’re supporting on our platform. We will continue to roll out our services over the coming weeks and months based on our clients’ needs, jurisdictions, and other factors. Currently, our service offering is focused on Bitcoin.”

Currently, Fidelity Investments operates one of the United State’s major brokerage firms, with investment centers in over 140 locations throughout the country. Through its subsidiary National Financial Services LLC, Fidelity currently provides brokerage services to institutional investment firms, banks and trusts, family offices, and registered investment advisors.

Adding bitcoin to the list of products the firm offers will add to the availability and acceptance of the cryptocurrency, especially among institutions.

The post Fidelity launching bitcoin trading “within a few weeks” appeared first on CryptoSlate.

Similar to Notcoin - Blum - Airdrops In 2024

origin »

Bitcoin (BTC) на Currencies.ru

$ 95847.08 (+0.43%)
Объем 24H $40.675b
Изменеия 24h: -1.78 %, 7d: -7.04 %
Cегодня L: $95217.68 - H: $97458.26
Капитализация $1897.745b Rank 1
Цена в час новости $ 5922.16 (1518.45%)

trading within fidelity weeks bitcoin services clients

Источник: cryptoslate.com

trading within → Результатов: 126


Why One Bitcoin Analyst Believes the Market is “Scared for All the Wrong Reasons”

Bitcoin’s price action as of late has been driven by a combination of recent news developments, jitters within the macro-economic environment, as well as technical weakness. That being said, these factors have not been enough to push the benchmark cryptocurrency below any crucial support levels, as it is still trading within the macro trading range […]

2020-10-3 19:00


Enterprise Version of Qtum, Unita, Officially Launches Blockchain for Business Solution

According to news platform, Globe Newswire, open source, public blockchain, Qtum has officially launched an enterprise version dubbed, Unita. As per the description provided by the firm, Unita is based on the alliance chain, and combines a one-stop blockchain enterprise service that contains cross-chain transaction/ trading, data management and developer tools within one click (closest […]

2019-5-1 05:57


Фото:

$1 Trillion Brokerage Giant TD Ameritrade is Quietly Testing Bitcoin

TD Ameritrade and Nasdaq appear to be testing a BTC and LTC spot trading feature that could open the floodgates for institutional adoption of Bitcoin and cryptocurrency. Bitcoin Trading on TD Ameritrade and Nasdaq? On Monday (April 22, 2019), a Twitter user called “Cryptopolis” announced that BTC trading on the Nasdaq via the TD Ameritrade brokerage platform.

2019-4-24 16:00


India: Unocoin employee count reaches 14 as struggling exchange fails to secure more funds

India is one of the countries that has banned crypto-related trading within its jurisdiction and the chances of the atmosphere becoming conducive for the field seems unlikely. In the latest crypto-verse related news from the world’s largest democracy, Unocoin, a once popular exchange, revealed that they only had 14 employees left after funding talks to […] The post India: Unocoin employee count reaches 14 as struggling exchange fails to secure more funds appeared first on AMBCrypto.

2019-4-16 17:15


Bitcoin [BTC]: Cumberland’s Trading Desk records over 10 transactions worth >1000 BTC each within an hour

The cryptocurrency market’s resurgent behavior has driven the community into a frenzy, with several proponents advocating, and users responding with multiple large scale transactions. Latest reports suggest that Cumberland, the cryptocurrency Over-the-Counter shop, witnessed more than 10 different bids worth higher than 1000 Bitcoin [BTC] each in the space of an hour.

2019-4-5 14:30


Фото:

Lazarus Hacker Group Continues to Target Crypto Using Faked Trading Software

This article was originally published by 8btc and written by Lylian Tang. The Chinese security service provider 360 Security has issued a warning that a large number of crypto exchanges have been targeted by the North Korean hacker group Lazarus and that the number is still rising after the recent hacks of crypto exchanges DragonEx, Etbox and BiKi.

2019-4-2 21:54


дальше еще 77 новостей →

Партнеры Currencies.ru

Аналог Notcoin - Blum - Играй и зарабатывай Монеты



Реклама на Currencies.ru

Самое свежее на Currencies.ru

Bitcoin-ETF привлек более $1 миллиарда за неделю

За последние семь дней в Bitcoin-ETF было вложено более $1 млрд — и это самый крупный приток средств с июля. Причина: ФРС США снизила процентные ставки, и теперь BTC по мнению институциональных инвесторов выглядит как отличная возможность для ходл-инвестиций.

Ганская цифровая валюта центрального банка (CBDC) устраняет необходимость в посредниках при трансграничных платежах

Недавно проведенная проверка концепции Банком Ганы и Валютным управлением Сингапура показала, что цифровая валюта центрального банка последнего (CBDC) позволяет осуществлять трансграничные платежи без участия множества посредников и связанных с ними затрат.

Consensus 2024: Industry leaders discuss digital asset ETF evolution

James Seyffart, Bloomberg’s ETF Research Analyst, discussed the integration, challenges, and future prospects of digital asset ETFs with experts and institutions at Consensus 2024. “Despite being 240 years old, we’ve continuously innovated, and digital assets are just part of that…